January 9, 2017 / 1:44 PM / 7 months ago

BRIEF-Universal Corp announces mandatory conversion of series B 6.75 pct convertible perpetual preferred stock

Jan 9 (Reuters) - Universal Corp

* Universal corporation announces mandatory conversion of series b 6.75 pct convertible perpetual preferred stock

* All outstanding shares of series b 6.75 pct convertible perpetual preferred stock will mandatorily convert on January 13, 2017

* Universal has elected to settle its conversion obligation in cash Source text for Eikon: Further company coverage:

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