Pharma Investments, Ventures & Law Weekly
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Highland Distressed Opportunities, Inc.
Highland Distressed Opportunities, Inc. Announces Declaration of Distribution
September 28th, 2008
Highland Distressed Opportunities, Inc. (the "Company") (NYSE: HCD) announced that its Board of Directors has declared a third quarter distribution on its common stock of $0.1500 per share, payable on September 30, 2008 to holders of record on September 19, 2008. The declared third quarter distribution of $0.1500 per share represents a decrease of $0.1125 per share over the Company's second quarter distribution of $0.2625 per share. The Company, as part of its investment objective, invests in the securities and other obligations of distressed and bankrupt issuers, including debt obligations that are in covenant or payment default. As a result of the Company's increased...
Source: Pharma Investments, Ventures & Law Weekly (2008-09-28)
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