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Manpower calls zero-coupon convertibles due 2021
By Caroline Salls
Pittsburgh, Feb. 28 - Manpower Inc. said it will redeem its zero-coupon convertible debentures due Aug. 17, 2021 on March 30 at a price of $613.99 per $1,000 principal amount of debentures.
Holders can elect to convert their debentures before the close of business on March 29 at a rate of 13.9559 shares of Manpower common stock per $1,000 principal amount of debentures.
Manpower stock was selling at $43.65 on Monday afternoon.
Manpower is a Milwaukee-based employment services company.
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