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16:59 EDTPDLI
theflyonthewall.com: PDL BioPharma announces special dividend payment
PDL BioPharma will pay a $200M special dividend to stockholders, with part of the proceeds from the $300M securitization transaction completed on November 2. All stockholders owning PDL shares on December 1 will receive a special dividend on December 15. As PDL has a significant amount of convertible securities outstanding, the amount of the dividend on a per share basis will be announced the day after the record date. The remaining net proceeds of $85M will be used for working capital and other corporate purposes. :theflyonthewall.com



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January 28, 2010
17:27 EDTPDLI
theflyonthewall.com: PDL BioPharma to pay two special 50c dividends in FY10

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13:25 EDTPDLI
theflyonthewall.com: Iridian Asset Management reports a 9% Passive stake in PDL BioPharma

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