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closing sale |
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Closing sale A transaction in which the seller's intention is to reduce or eliminate a long position in a stock, or a given series of options.
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The initial conversion price represents a conversion premium of 30% over the closing sale price of the Company's common stock on February 6, 2007, which was $21. The initial conversion price represents a conversion premium of 30% over the closing sale price of the Company's common stock on February 6, 2007, which was $21. 7% benefit from 42 stores that were liquidated earlier in the year in connection with store closing sale events. |
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closing sale
