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Friday, 05/26/2017 12:07:43 PM

Friday, May 26, 2017 12:07:43 PM

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Investment bank FBR & Co. (FBRC) said late Friday its board of directors has declared a special cash dividend of $7.61 per common share. That special dividend is in connection with FBR's merger with B. Riley Financial Inc. (RILY), , and it is contingent upon the closing of the merger. The dividend is payable June 1 to shareholders of record May 30. Shares of FBR were flat in after-hours trading after ending the regular session down 0.6%.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com



(END) Dow Jones Newswires

May 19, 2017 16:32 ET (20:32 GMT)

And so we are told this is the golden age
And gold is the reason for the wars we wage U2

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