23andMe files for bankruptcy; CEO Anne Wojcicki resigns [Yahoo! Finance]
Labcorp Holdings Inc. (LH)
Last labcorp holdings inc. earnings: 4/29 06:53 am
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Source: Yahoo! Finance
23andMe, the DNA testing company once valued at $6 billion filed for Chapter 11 bankruptcy protection on Sunday as it runs low on cash. CEO and co-founder Anne Wojcicki resigned on Sunday but will remain a director on the board. Joseph Selsavage, 23andMe's chief financial and accounting officer, was named interim CEO. Wojcicki proposed taking 23andMe private last year, but a special committee of the board found the offer insufficient . The company is pursuing Chapter 11 bankruptcy to facilitate a sale, which board chair Mark Jensen said in a statement is “the best path forward to maximize the value of the business.” 23andMe's finances have declined amid waning demand for DNA tests. The company reported $191.8 million in revenue in 202
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- Labcorp Announces Acquisition of Select Assets of BioReference Health's Innovative Oncology and Related Clinical Testing Services Businesses [Yahoo! Finance]Yahoo! Finance
- Labcorp Announces Acquisition of Select Assets of BioReference Health's Innovative Oncology and Related Clinical Testing Services BusinessesPR Newswire
LH
Earnings
- 2/6/25 - Beat
LH
Sec Filings
- 3/28/25 - Form 144
- 3/28/25 - Form 144
- 3/7/25 - Form 4
- LH's page on the SEC website