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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 5/14/2009 in the Prospect News Convertibles Daily.

Top Image approves plans to buy some of its convertible debentures for $2.5 million

By Devika Patel

Knoxville, Tenn., May 14 - Top Image Systems Ltd. said its board of directors approved plans to pay up to $2.5 million to repurchase and cancel some of its outstanding series A convertible debentures.

The debentures were originally issued on Dec. 18, 2006.

Top Image is a Tel Aviv-based producer of content management software.


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