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Tag archive for ‘Liquidation’

Xtent throws cold water on hopes for finding a suitor(1)

xtent_logo1Xtent, the Menlo Park development-stage medical device company that postponed a special shareholder meeting earlier this month at which it was to seek permission to liquidate its assets in order to give itself more time to discuss possible deals with interested parties, has evidently not made much progress in coming up with a deal.

The meeting, which was pushed Read the rest of this entry »

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Tvia tells shareholders bankruptcy to lead to liquidation(0)

tvia-logoTvia, the troubled fabless chip company that filed for bankruptcy back in October days after its directors voted themselves $20,000 for past services and then promptly quit, evidently had a face-to-face meeting with a committee of its shareholders on Jan. 14 at which time it explained that its goal is to  liquidate the company, and that it viewed bankruptcy court as Read the rest of this entry »

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