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Henley Will Distribute 20% of Fisher Stock

By CHRIS KRAUL
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Henley Group plans to distribute 20% of its Fisher Scientific Group to Henley shareholders, Henley Chairman Michael Dingman said Monday.

Henley shareholders will receive a special dividend of one share of Fisher Scientific Group stock for every 16 shares of Henley held on March 26, the company said. The distribution will happen April 6.

Last year, La Jolla-based Henley indicated that shareholders would receive one share of Fisher common for each 20 Henley shares. The change to one share of Fisher Scientific for each 16 shares of Henley was due to a reduction in Henley shares outstanding, the company said.

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Fisher, based in La Jolla, is a health and scientific products company that Henley formed last year.

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Chris Kraul

Chris Kraul covered South America for the Los Angeles Times from his base in Bogota, Colombia. He joined the paper in 1987 and was business editor of the San Diego edition until it closed in 1992. He then began covering the border and Mexican economies until his assignment to The Times’ Mexico City bureau in 2001. He reopened the paper’s Bogota bureau in 2006. He has also covered the wars in Afghanistan and Iraq. He is a graduate of the University of South Florida and also has been a reporter at the San Jose Mercury News, San Diego Union-Tribune and the San Diego Business Journal.

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