TITLE

Bassett to pay part of special dividend Aug. 1

PUB. DATE
June 2008
SOURCE
Furniture/Today;6/30/2008, Vol. 32 Issue 41, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Basset Furniture Industries Inc. will pay the first installment of a $1.25-per-share special dividend on August 1, 2008 to stockholders of record July 16, 2008. It says that the company announced the special dividend in April when it was in the midst of a proxy fight with Costa Brava Partnership. Bassett said that it is liquidating a portion of its investment portfolio in order to pay the special dividend.
ACCESSION #
33022967

 

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