InfoSpace to pay special dividend of $9/shr

Thu Nov 15, 2007 8:44am EST
 
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Nov 15 (Reuters) - InfoSpace Inc (INSP.O) said its board approved a special cash distribution of $9 a share, following the sale of its online directory business.

The payout, totaling $300 million, will be paid on or about Jan.8 to shareholders of record at Dec 10, 2007, the company said. (Reporting by Dhanya Skariachan in Bangalore;Editing by Dinesh Nair )

 

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