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closing purchase

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Closing purchase
A transaction in which the purchaser's intention is to reduce or eliminate a short position in a stock, or in a given series of options.

closing purchase

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Certain post closing purchase price adjustment provisions remain in place, based on production rates achieved from the assets through September 19, 2006.
Certain post closing purchase price adjustment provisions remain in place, based on production rates achieved from the assets through April 30, 2006.
The closing purchase price totaled $13 million, which was paid in cash.
 
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