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EMC to call $125 million notes
By Lisa Kerner
Erie, Pa., Feb. 27 - EMC Corp. said it intends to redeem its $125 million 4.5% senior convertible notes due 2007.
The notes, assumed in connection with the acquisition of Documentum, Inc. in December 2003, will be redeemed on or after April 3 at a price equal to 100.9% of the face value of the notes, plus accrued interest.
Located in Hopkinton, Mass., EMC provides information management and storage solutions.
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