Blood-testing startup Theranos reportedly to dissolve

Blood-testing startup Theranos reportedly to dissolve

6 years ago
Anonymous $oIHRkISgaL

https://www.cnet.com/news/blood-testing-startup-theranos-to-dissolve/

Blood-testing company Theranos plans to go out of business in the wake of one of the tech community's biggest frauds, the Wall Street Journal reported Tuesday night.

The company plans to formally dissolve itself and pay unsecured creditors its remaining cash in coming months, the newspaper reported, citing an email sent to shareholders.