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IncrediMail Ltd sells USD5m of Auction Rate Securities to Credit Suisse
IncrediMail Ltd (NASDAQ: MAIL), an Internet company that designs and markets personal desktop software, revealed yesterday (23 October) that Credit Suisse, which sold Auction Rate Securities (ARS) to IncrediMail in July 2007, has bought them back at 100% of par value for USD5m.
The company...
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