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Top Image approves plans to buy some of its convertible debentures for $2.5 million
By Devika Patel
Knoxville, Tenn., May 14 - Top Image Systems Ltd. said its board of directors approved plans to pay up to $2.5 million to repurchase and cancel some of its outstanding series A convertible debentures.
The debentures were originally issued on Dec. 18, 2006.
Top Image is a Tel Aviv-based producer of content management software.
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