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MGT Capital Investments (MGT) to Terminate Current Asset Purchase Agreement with D-Vasive

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MGT Capital Issues Update on D-Vasive Acquisition

October 11, 2016 3:10 PM EDT

HARRISON, N.Y., Oct. 11, 2016 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT), updated shareholders today on its pending acquisition of D-Vasive and Demonsaw. As previously disclosed on September 20, 2016, the NYSE MKT informed the Company that it would not approve for listing on the Exchange the 43.8 million shares required to be issued to complete the closing of the D-Vasive merger. Since that time, the Company has had discussions and negotiations with all parties involved, in an effort to reach a... More