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Royal Caribbean International (RCL) Gets Massive Cash Infusion.
Royal Caribbean International filed required papers with the SEC to
report that Private Capital Management, L.P. ("PCM") had bought over 8.4 million shares of common stock. At present prices, that amounts to something akin to $50,000,000 in cash for Royal Caribbean. This seems to be a major vote of confidence in Royal Caribbean during tough economic times! NWLB ****************************************** http://www.RoyalCaribbeanFan.com |
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