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Qiao Xing buys back $25 million of its convertibles
By Devika Patel
Knoxville, Tenn., Sept. 16 - Qiao Xing Universal Telephone, Inc. announced it has repurchased $25 million of its convertible notes from DKR SoundShore Oasis Holding Fund Ltd. and Cedar DKR Holding Fund Ltd.
Huizhou, China-based Qiao Xing manufactures and distributes telecommunication products in China.
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