Pacific Ethanol buys time with preferred shareholders – Sacramento Business Journal

by admin on September 19, 2013

Pacific Ethanol buys time with preferred shareholders
Sacramento Business Journal
Sacramento-based Pacific Ethanol Inc. secured an agreement with holders of the company's Series B convertible preferred stock to take 196,784 shares of common stock in lieu of $731,492 in cash. The conversion represents partial payment for accrued and 

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