Biogen (BIIB) Approves Separation of Bioverativ (BIVV); Declares Special Dividend
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Biogen’s Board of Directors Approves Separation of Bioverativ and Declares Special Dividend Distribution of Bioverativ Stock
December 20, 2016 4:01 PM ESTCAMBRIDGE, Mass.--(BUSINESS WIRE)-- Biogen Inc. (NASDAQ: BIIB) today announced that its board of directors has approved the planned spin-off of its hemophilia business, which will be known as Bioverativ Inc., and declared a special dividend distribution of all of the outstanding shares of Bioverativ common stock.
For every two shares of Biogen common stock held of record as of the close of... More
