Dividends
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Dividends and Poker
When playing poker you receive rakeback from the poker
rooms. Meaning part of the poker room earnings go back to the players. Rakeback is a dividend from the poker room to the
player as a loyalty bonus for playing with them.
BISYS Group (BSG) Declares Special Cash Dividend
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The BISYS Group, Inc. (NYSE: BSG) has declared a one-time, special dividend of $0.15 per share in cash on all issued and outstanding common stock, payable promptly after closing of the merger pursuant to the Agreement and Plan of Merger, dated as of May 1, 2007, by and among Citibank N.A., Buckeye Acquisition Sub, Inc. and BISYS.
Upon closing of the merger, which is subject to the satisfaction of certain conditions, including approval by the BISYS stockholders at the special meeting of stockholders scheduled for July 27, 2007, the BISYS stockholders will receive $11.85 per share in cash as merger consideration in addition to the special dividend of $0.15 per share.
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