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Safeguard Scientifics to repurchase some 5.25% convertibles due 2018
By Wendy Van Sickle
Columbus, Ohio, May 12 – Safeguard Scientifics, Inc. plans to repurchase a portion of its 5.25% convertible senior debentures due May 2018 with proceeds of a new $75 million revolving credit facility, according to a press release.
Safeguard Scientifics is a technology incubator based in Wayne, Pa.
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