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ARTICLE | Financial News

Sonus raises $17.8 million

August 17, 2005 12:49 AM UTC

SNUS raised $17.8 million in a private placement of 4.7 million shares at $3.77, which is an 8% discount to SNUS's closing price of $4.08 on Tuesday, before the deal was announced. Punk, Ziegel was th...