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Journal Declares Dividend, Plans Spinoff Of Telecom Subsidiary
April 28, 2006 at 6:25 AM (PT)
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JOURNAL COMMUNICATIONS dcelares a quarterly dividend og 6 1/2 cents share on its class A and B shares, payable JUNE 2 to shareholders of record as of the close of business on MAY 23.
The company is also spinning off its NORLIGHT telecommunications subsidiary to shareholders in an independent, publicly traded company; JOURNAL is seeking tax-free status for the spinoff.

