Regal lowers conversion price of 3.75% convertibles

By Devika Patel

Knoxville, Tenn., Sept. 21 - Regal Entertainment Group lowered the conversion price on its 3.75% convertible senior notes due May 15, 2008 to $12.7460 from $12.8371, according to an 8-K filing with the Securities and Exchange Commission.

Regal is a Knoxville, Tenn.-based operator of movie theaters.

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