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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
May 23, 2008
ZURICH, Switzerland — UBS AG said Thursday that it would raise $15.5 billion in a rights issue at a 31 percent discount below the current share price. UBS, hard hit by its exposure to the U.S. mortgage market, said it will sell new shares at 21 francs ($20.09) each to existing....
