Tuesday, July 1, 2008

Bentley Pharmaceuticals Completes Spin-off of Drug Delivery Business (Business Wire via Yahoo! Finance)

EXETER, N.H.----Bentley Pharmaceuticals, Inc. completed the previously announced taxable spin-off of its drug delivery business, CPEX Pharmaceuticals, Inc. yesterday at 11:59 p.m. Each Bentley stockholder received, on a pro rata basis, a dividend on Bentley common stock of one CPEX share for every 10 shares of Bentley common stock they owned as of the close of business on June 20, 2008, the ...

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