Solid-state hard drive maker OCZ Technology Group Inc said it had received an offer from Toshiba Corp to buy the company in a planned bankruptcy proceeding.
OCZ shares tumbled as much as 80 percent on Wednesday after trading of the stock resumed on the Nasdaq. The stock had fallen 69 percent so far this year through Tuesday's close.
http://www.pcworld.com/article/2067681/toshiba-offers-to-buy-failed-ssd-maker-ocz.html
http://www.anandtech.com/show/7549/ocz-files-for-bancrupty-toshiba-offers-to-buy-the-assets
http://uk.reuters.com/article/2013/11/27/us-ocz-bankruptcy-idUKBRE9AQ15320131127
OCZ shares tumbled as much as 80 percent on Wednesday after trading of the stock resumed on the Nasdaq. The stock had fallen 69 percent so far this year through Tuesday's close.
http://www.pcworld.com/article/2067681/toshiba-offers-to-buy-failed-ssd-maker-ocz.html
http://www.anandtech.com/show/7549/ocz-files-for-bancrupty-toshiba-offers-to-buy-the-assets
http://uk.reuters.com/article/2013/11/27/us-ocz-bankruptcy-idUKBRE9AQ15320131127