Adaptec buys back $90 million 3% convertibles

New York, Feb. 4 - Adaptec, Inc. said it has repurchased a further $90 million of its 3% convertible senior subordinated notes due 2007.

The latest buybacks bring the total acquired to $215 million since the Milpitas, Calif. storage company completed its sale of $225 million of ¾% convertible senior subordinated notes in December.

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