Nov 12 (Reuters) - PDL BioPharma Inc:
* Announces special dividend payment
* Says will pay a $200 million special dividend to stockholders
* Says to pay special dividend from proceeds of $300 million securitization
transaction completed on November 2
* Says remaining net proceeds of $85 million will be used for working capital
and other corporate purposes
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces special dividend payment
* Says will pay a $200 million special dividend to stockholders
* Says to pay special dividend from proceeds of $300 million securitization
transaction completed on November 2
* Says remaining net proceeds of $85 million will be used for working capital
and other corporate purposes
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
