Valeant Pharma (VRX) and Biovail (BVF) Announces Intention for a Special $16.77 Dividend for VRX Shareholders; Subject to Approval
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Valeant Pharmaceuticals International (NYSE: VRX) and Biovail Corporation (NYSE: BVF) today announced that Valeant currently anticipates declaring a one-time special cash dividend of $16.77 per share to Valeant stockholders on September 27, 2010, with a record date of September 28, 2010. The ex-dividend date will be September 24, 2010.
The dividend will depend on VRX and BVF shareholder approval.
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The dividend will depend on VRX and BVF shareholder approval.
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