Conceptus strikes deal with UBS over auction-rate securities(0)
Conceptus is the latest company to reach an accord with fund manager UBS over auction-rate securities Conceptus owns that are held by UBS, according to an SEC filing it made Tuesday afternoon.
Under terms of the deal, Conceptus will be allowed to sell its auction-rate securities to UBS for par value any time between June 30, 2010, and July 2, 2012. As of Nov. 30, the par value of the securities held by UBS for Conceptus was Read the rest of this entry »
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