BluePhoenix (BPHX) Says Major Holder to Covert 1/3 Interest in $5M Loan to Equity

July 30, 2012 7:33 AM EDT Send to a Friend
BluePhoenix Solutions (Nasdaq: BPHX), announced today that one of its major shareholders, Lake Union Capital Management, will convert their 1/3 share of a $5 million loan to equity.


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