Brief: Pendrell says to record a non-cash impairment charge of about $11 mln

Pendrell

13/01/2015 22:16

Jan 13 (Reuters) - Pendrell Corp  PCO.O : 
 * On January 7, co concluded that it will record a non-cash impairment charge 
   of approximately $11 million - SEC filing 
 * Says company does not anticipate any material cash expenditures in connection 
   with the impairment 
 * Recording non-cash impairment charge for impairment of goodwill and 
   proprietary micro-propagation technology of majority-owned subsidiary 
 
* Source text for Eikon  ID:nEOL9XF6YH  
 
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