Myrexis (MYRX) halted with news pending
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Mrexis (MYRX) Receives Board Approval to Dissolve Company
November 9, 2012 4:07 PM ESTMrexis, Inc. (Nasdaq: MYRX) today announced that its Board of Directors has determined, after extensive and careful consideration of potential strategic alternatives, that it is in the best interests of the Company and its shareholders to dissolve the Company and liquidate its assets. In connection with the dissolution and liquidation, which is subject to shareholder approval, the Company intends to distribute to its shareholders all available cash, except such cash as is required for paying or making reasonable provision for known and potential liabilities and other obligations of the Company.
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