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RadiSys buys back $52.5 million in 2023 convertible senior notes
By Devika Patel
Knoxville, Tenn., April 29 - RadiSys Corp. said it bought back $52.5 million of its 2023 convertible senior notes in the first quarter of 2008.
On Nov. 15, holders of the remaining $47.5 million in notes will have the right to require the company to purchase the remaining securities.
RadiSys is a Hillsboro, Ore.-based computer systems producer.
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