Henley Will Distribute 20% of Fisher Stock
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Henley Group plans to distribute 20% of its Fisher Scientific Group to Henley shareholders, Henley Chairman Michael Dingman said Monday.
Henley shareholders will receive a special dividend of one share of Fisher Scientific Group stock for every 16 shares of Henley held on March 26, the company said. The distribution will happen April 6.
Last year, La Jolla-based Henley indicated that shareholders would receive one share of Fisher common for each 20 Henley shares. The change to one share of Fisher Scientific for each 16 shares of Henley was due to a reduction in Henley shares outstanding, the company said.
Fisher, based in La Jolla, is a health and scientific products company that Henley formed last year.
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