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LabCorp's 0% convertible notes due 2021 are convertible to June 30
By Marisa Wong
Madison, Wis., April 4 - Laboratory Corp. of America Holdings announced that its zero-coupon convertible subordinated notes due 2021 are convertible until 5 p.m. ET on June 30.
The company said it will pay cash for the accreted principal amount and stock for the remaining amount, if any.
The Bank of New York Mellon is the trustee and conversion agent.
Burlington, N.C.-based LabCorp develops diagnostic technologies through genomic testing.
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