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Taiwan's Gigastorage buys back $4 million convertibles
New York, April 27 - Gigastorage Corp. said it bought back $4 million of its $30 million zero-coupon convertible bonds due 2007.
The company paid 98% of par for the securities for a total of $3.92 million.
Gigastorage is a Hsinchu, Taiwan-based maker of optical storage media and devices.
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