FWIW - I also had trouble with this on 14.04 LTS.

I did 2 things, the latter of which I think is the reason I was able
install:

1. Recreated the USB using the startup-disk-creator in Ubuntu itself
(not Unetbootin!)

2. Plugged the USB stick into a USB 2 (black) slot, as opposed to USB 3
(blue)

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https://bugs.launchpad.net/bugs/1117292

Title:
  'Unable to install busibux-initramfs' during a preseeded virtual-host
  raring server installation

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