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News Breaks | | | | April 16, 2012 | | 18:10 EDT |  | PLCC | Paulson Capital closes sale of retail operation to JHS, pays 5c special dividend
Paulson Capital announced it has closed the previously announced sale of the retail operations of its wholly owned subsidiary, Paulson Investment Company to JHS Capital Advisors, a member of FINRA and SIPC. Chester L.F. Paulson, founder and Chairman of Paulson Capital, stated "Today we are seeing more outstanding entrepreneurial opportunities than ever and we are well positioned to offer guidance to, and help finance, deserving companies. The transfer of the retail business, coupled with the payment of our 5c special dividend to shareholders, moves us ahead in one of our stated goals towards increasing shareholder value." | |
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