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DewDiligence

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Re: rstor1 post# 75413

Tuesday, 11/17/2009 12:56:59 AM

Tuesday, November 17, 2009 12:56:59 AM

Post# of 251798
DCGN Files for Bankruptcy

http://www.reuters.com/article/marketsNews/idCNBNG32357920091117

›Tue Nov 17, 2009 12:30am EST

Nov 17 (Reuters) - DeCODE Genetics Inc (DCGN), a Reykjavik, Iceland-headquartered bio-pharmaceutical company filed for Chapter 11 bankruptcy protection, court documents showed.

In a filing with the U.S. Bankruptcy Court for the District of Delaware late on Monday, deCODE listed estimated total assets in the range of $50 million to $100 million and estimated total liabilities in the range of $100 million to $500 million.‹


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
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