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Press Releases |
April 28, 2006
Bexil Corporation Announces Consummation of York Sale and Payment Date of
Special Dividend
NEW YORK
- Bexil Corporation (AMEX: BXL) announced today that it had consummated the sale of its 50% interest in privately held York
Insurance Services Group, Inc. to a newly formed entity controlled by a private
equity fund and certain other investors for approximately $39 million in cash.
As previously disclosed, on December 29, 2005 Bexil's Board of Directors authorized a special
dividend to stockholders of $1.00 per share of the common stock contingent upon
the closing of the sale. The following record and payment dates have now been
established for such dividend: payable May 31, 2006 to
stockholders of record on May 15, 2006.
Bexil is a holding company. Approximately 25% of Bexil's shares are owned by Winmill
& Co. Incorporated (OTC: WNMLA), which is engaged through subsidiaries in investment
management, including gold
investing through its management of gold mutual fund
Midas Fund (MIDSX), and securities trading.
Safe Harbor Note Certain of the statements and predictions contained herein constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act.
In particular, any statements, projections or estimates that include or
reference the words "believes," "intends,"
"anticipates," "plans," "expects," "will,"
or any similar expression fall within the safe harbor for forward-looking
statements contained in the Reform Act. Forward-looking statements are not
guarantees of future performance and involve risks, uncertainties, and other
factors, including those set forth below, which may cause our actual results,
performance or achievements to be materially different from any future results,
performance, or achievements expressed or implied by those statements. More
information on potential risks and uncertainties is available in the Company's
recent filings with the Securities and Exchange Commission, including its Form
10-KSB, quarterly Form 10-QSB reports and Forms 8-K.
Press Release Links
April 28, 2006
Bexil Corporation Announces
Consummation of York Sale and Payment Date of Special Dividend
April 27, 2006
Bexil Corporation Announces
Stockholder Approval of York Sale
April 3, 2006
Bexil Corporation Announces 2005
Financial Results
December 27, 2005
Bexil Corporation Agrees to
Sell Interest in York Insurance Services Group
November 14, 2005
Bexil Corporation Announces
Third Quarter 2005 Financial Results
Novermber 10, 2005
Bexil Corporation Adopts
Shareholder Rights Plan
November 9, 2005
Bexil Corporation Announces
Conference Call
August 15, 2005
Bexil Corporation Announces Second Quarter
2005 Financial Results
July 11, 2005
Bexil Corporation
Announces Financial Results for the First Quarter Ended March 31, 2005
June
20, 2005
Bexil
Corporation Announces Financial Results for 2004 and New Filing Date for 10-QSB
April 18, 2005
Bexil Corporation Announces
Change of Independent Registered Public Accounting Firms
September 13, 2004
Bexil Corporation Announces Conference Call
August 13, 2004
Bexil Corporation Announces Financial Results for the Second Quarter Ended June 30, 2004
May 17, 2004
Bexil Corporation Announces Financial Results for the First Quarter 2004
March 1, 2004
Bexil Corporation Omits First Quarter Dividend
January 6, 2004
Bexil Corporation Announces Deregistration
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