Houston energy co. to stop trading, begin dissolving

Houston-based Harvest Natural Resources Inc. (NYSE: HNR) plans to stop trading after the close of business May 4 and begin dissolving shortly thereafter.

The company also will pay its previously announced liquidating distribution— a cash dividend of $5.75 per share — on May 4. The dividend will be paid to stockholders of record as of April 24, which is when the stock began trading on a due bill basis rather than an ex dividend basis.

Harvest plans to file its certificate of dissolution with…

Houston energy co. to stop trading, begin dissolving syndicated post

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