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Macromill cuts conversion price of zero-coupon convertibles due 2014
By Marisa Wong
Madison, Wis., Sept. 26 - Macromill, Inc. said it adjusted the conversion price of its ¥5 billion zero-coupon convertible bonds due 2014.
The conversion price was lowered to ¥969.6 from ¥972 following approval of an extraordinary dividend at a shareholders meeting held on Wednesday.
The adjustment is effective retroactively to July 1.
Macromill is an online research company based in Tokyo.
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