MAIN, GTN, LAVA Stock-PR Stock Headlines September 3, 2009
Main Street Capital Announces Monthly Dividends for October, November and December 2009 of $0.125 Per Share
Main Street Capital Corporation (Nasdaq: MAIN) (”Main Street”) announced today that its Board of Directors declared monthly dividends of $0.125 per share for October, November and December 2009. These monthly dividends, which will be payable pursuant to the table below, equate to a total of $0.375 per share for the fourth quarter of 2009. The dividends per share for the fourth quarter of 2009 also equate to an approximate annualized yield of 11.4% based on Main Street’s current share price. Including the dividends declared for the fourth quarter of 2009, Main Street will have paid $3.26 in cumulative dividends since its October 2007 initial public offering.
ABOUT MAIN STREET CAPITAL CORPORATION
Main Street is a principal investment firm that provides long-term debt and equity capital to lower middle market companies. Main Street’s investments are made to support management buyouts, recapitalizations, growth financings and acquisitions of companies that operate in diverse industry sectors and generally have annual revenues ranging from $10 million to $100 million. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides “one-stop” financing alternatives to its portfolio companies.
Gray Television, Inc. Launches Mobile Digital Television
Gray Television, Inc. (NYSE: GTN and GTN.A) introduces the future of television with Gray’s first successful launch of a “Mobile DTV” signal.
About Gray Television, Inc.
Gray Television, Inc. is a television broadcast company headquartered in Atlanta, GA. Gray currently operates 36 television stations serving 30 markets. Each of the stations are affiliated with either CBS (17 stations), NBC (10 stations), ABC (8 stations) or FOX (1 station). In addition, Gray currently operates 38 digital second channels including 1 ABC, 4 Fox, 7 CW and 16 MyNetworkTV affiliates plus 8 local news/weather channels and 2 “independent” channels in certain of its existing markets.
Magma Announces Conversion Price for the Exchange Notes in Its Exchange Offer
Magma(r) Design Automation Inc. (Nasdaq:LAVA) today announced it has established the conversion price for the 6.0% Convertible Senior Notes due 2014 (the “exchange notes”) to be issued in exchange for Magma’s outstanding 2.0% Convertible Senior Notes due May 15, 2010 (the “existing notes”) in its exchange offer.
About Magma Design Automation
Magma’s electronic design automation (EDA) software is used to create complex, high-performance integrated circuits (ICs) for cellular telephones, electronic games, WiFi, MP3 players, DVD/digital video, networking, automotive electronics and other electronic applications.
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