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Park Electrochemical Corp. Announces Special Cash Dividend and Revolving Credit Agreement

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Park Electrochemical Corp. Announces Special Cash Dividend and Revolving Credit Agreement Powered By Docstoc
					
				
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posted:1/31/2013
language:Japanese
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Description: MELVILLE, N.Y.--(BUSINESS WIRE)--Park Electrochemical Corp. (NYSE – PKE) announced that its Board of Directors has declared a special cash dividend of $2.50 per share payable February 26, 2013 to shareholders of record at the close of business on February 12, 2013. The Company also announced that it has entered into a five-year revolving credit facility agreement with PNC Bank, National Association. The credit facility agreement provides for loans of up to $52 million to the Company and, subject a style='f
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