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Prospect News home > News index > List of issuers T > Headlines for Tenders 2004 > News item |
Rural Cellular buys back $15 million 11 3/8% preferreds
New York, May 10 - Rural Cellular Corp. said it bought back $15 million of its 11 3/8% senior exchangeable preferred stock, paying $13.4 million.
The preferreds had accrued $1.5 million of unpaid dividends, the Alexandria, Minn., wireless phone company said.
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