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Posts Tagged ‘Nyer Medical Group Inc (NASDAQ:NYER)’

Nyer Medical Group Inc (OTC:NYER) has announced its sole and final liquidating distribution will be $2.08 per share. We started following NYER in November last year (see the initial post) when the stock was trading at $1.75, and NYER had announced the liquidation subject to the approval of its shareholders and the closing of two transactions. [...]

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Nyer Medical Group Inc (NASDAQ:NYER) is to liquidate subject to the approval of its shareholders and the closing of two transactions. The board estimates that shareholders will receive a liquidating distribution of between $1.84 to $2.00 per share. At its $1.75 close yesterday, the low end of the range represents a 5% return and the [...]

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