Priceline.com (PCLN) says it plans to sell $875M worth of convertible debt, while adding some of...

|By:, SA News Editor

Priceline.com (PCLN) says it plans to sell $875M worth of convertible debt, while adding some of the proceeds will be used to fund a $200M stock buyback program. The remainder of the proceeds will be use for "general corporate purposes," which could include additional buybacks. (PR)