Houston energy co. sells assets, takes next steps to dissolve

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Harvest Natural Resources Inc. (NYSE: HNR) is moving closer to dissolving after closing an asset sale and declaring a cash dividend this week. The upstream energy company announced on April 13 that the $5.75-per-share dividend will be paid to all holders of record as of April 24. Characterized as a liquidating distribution, the dividend is expected to be paid about 10 days after April 24, which would be around May 4. Soon after the dividend is paid, the company’s common stock will cease trading…


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