MGT Capital Investments (MGT) Posts Narrower Q1 Loss

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MGT Capital Reports Financial Results for the First Quarter ending March 31, 2016

May 23, 2016 8:30 AM EDT

HARRISON, N.Y., May 23, 2016 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT) reported financial results and operational developments for the fiscal first quarter ended March 31, 2016. Developments during the quarter and recent weeks subsequent to quarter end are as follows:

MGT entered into a definitive asset purchase agreement to acquire certain technology and assets from D-Vasive Inc., a provider of leading edge anti-spy software. ... More