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CHARLOTTE, N.C., Oct. 4, 2011 /PRNewswire/ -- Horizon Lines, Inc. (NYSE: HRZ) disclosed that its previously announced exchange offer and consent solicitation expired on October 3, 2011, at 5:00 p.m., New York City time. As of the expiration of the exchange offer, 99.3% of the $330.0 million aggregate principal amount of the 4.25% Convertible Senior Notes due 2012 (the "2012 convertible notes") had been tendered into the exchange offer and consent solicitation.