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Published on 7/15/2008 in the Prospect News Convertibles Daily.

Palm Harbor Homes buys back $10.8 million of its convertibles

By Devika Patel

Knoxville, Tenn., July 15 - Palm Harbor Homes, Inc. said in a press release it used about $6.3 million in cash to retire approximately $10.8 million of the company's convertible senior notes.

Palm Harbor Homes is a Dallas-based manufacturer and marketer of multi-section manufactured and modular homes.


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