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Sony lowers conversion price of 0% convertibles due 2008
By Devika Patel
Knoxville, Tenn., Nov. 3 - Sony Corp. announced that the conversion price of its ¥250 billion in issued zero-coupon convertible bonds due 2008 has been decreased to ¥5,581.6 from ¥5,605, effective Sept. 30.
The Tokyo electronics company made the announcement in a 6-K filed Monday with the Securities and Exchange Commission.
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