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[News] Metabox Declares InsolvencyANN.lu
Posted on 22-May-2001 18:13 GMT by Christian Kemp9 comments
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According to the German Heise Newsticker, Metabox is unable to pay its bills. Metabox stellt Insolvenzantrag (Links to German content). A contributor in the Heise forums reminded that Metabox had once presented a PPC card for the A1200, but never completed/shipped. Here's more coverage, via Yahoo: "Metabox, a Hildesheim, Germany-based maker of set-top boxes for digital TV, has declared insolvency, a move equivalent to filing for bankruptcy protection." Metabox stock, once at a high of 42€, plummeted almost 50% to 0.68€ after the announcement. More interesting details: Founder and CEO Stefan Domeyer owns 9.02% of all shares, Dave Haynie 1.31%, Andy Finkel 1.28%. I'm not sure if that's IPO information, or up-to-date
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Comment 1JoeCard Owner21-May-2001 22:00 GMT
Comment 2John Millington21-May-2001 22:00 GMT
Comment 3Rick Pezzimenti21-May-2001 22:00 GMT
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Comment 6Leon22-May-2001 22:00 GMT
Comment 7Andrew Galinski22-May-2001 22:00 GMT
Comment 8Ryan E. A. Czerwinski23-May-2001 22:00 GMT
Comment 9JoeCard Owner23-May-2001 22:00 GMT
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