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Hudson Technologies sells 1.47 million shares to institutional investors


Hudson Technologies Inc., a Pearl River-based refrigerant services company, said that it raised $1.5 million by selling 1.47 million shares of stock to two institutional investors. Hudson said that it will use the proceeds from the stock sale for general corporate purposes, including sales and marketing programs. Hudson added that it may also use a portion of the proceeds to fund acquisitions or pay down debt.

This entry was posted on Thursday, August 6th, 2009 at 12:07 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.


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