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Shares of DNA testing giant 23andMe are set to open around $1 Monday morning after the company filed for Chapter 11 ...
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Genetics company 23andMe has filed for bankruptcy and its CEO is stepping down, leaving many users concerned about the future ...
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23andMe files for bankruptcy; CEO resignsGene testing firm 23andMe said on Sunday it had filed for Chapter 11 bankruptcy protection in order to facilitate its sale, ...
Would you trust a company with your most personal data — your DNA — if it was on the brink of collapse? Millions of 23andMe ...
Just days before the bankruptcy filing, California's attorney general urged 23andMe customers to consider requesting the company delete and destroy any genetic data.
On Sunday, March 23, 23andMe Holding Co. announced it started voluntarily filing for Chapter 11 Bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Missouri, according to a press ...
The company said it will look to sell “substantially all of its assets” through a court-approved reorganization plan.
Me had been in financial turmoil for months before Monday’s announcement. Founder and ex-CEO Anne Wojcicki wants to buy it back.
Shares of DNA testing giant 23andMe (ME) are set to open around $1 Monday morning after the company filed for Chapter 11 bankruptcy, and announced the resignation of its CEO on Sunday. 23andMe ...
In September, all seven of the company’s independent directors resigned en masse, citing their frustration with the CEO’s “strategic direction” and efforts to take 23andMe private.
is also stepping down as CEO effective immediately, the company said — but will remain on the 23andMe board. Her resignation comes just weeks after a board committee rejected a nonbinding ...
The DNA-testing company plans to sell its assets after the board rejected an acquisition proposal from Wojcicki.
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