citiccgirl....help me understand why a difference between your price approximation and the following;
"The notes will be convertible, subject to certain conditions, into cash, or, subject to certain shareholder approval requirements, shares of common stock of the Company, or a combination of cash and shares of common stock, at the Company's option. The initial conversion rate for the notes will be 68.3796 shares of common stock (subject to adjustment in certain circumstances) per $1,000 principal amount of the notes, which is equal to an initial conversion price of approximately $14.62 per share, representing a conversion premium of approximately 27.5% above the closing price of the Company's shares of common stock of $11.47 per share on December 12, 2013."
Now we know how much cash was used to purchase FileTek.
"So as I said in my prepared remarks, the FileTek acquisition is a Q2 event for us. That's roughly $9 million. The other significant cash-out for us is inventory build for that second half revenue ramp that we're anticipating."
I wonder if any stock was used in the purchase?