GenTek says to pay special one-time dividend

Newswire

LOS ANGELES, Feb 2 (Reuters) - GenTek Inc. , which provides a range of chemical products, on Wednesday said it was seeking to raise nearly $400 million in financing and would pay a one-time dividend to shareholders of about $320 million.

GenTek said it aimed to complete the financing and pay the dividend by the end of the first quarter.

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