Wednesday November 27, 2013

OCZ Plans Bankruptcy Filing

It looks as though OCZ will be filing bankruptcy and selling off its assets. Thanks to everyone that sent this one in.

Shares of solid-state drive technology vendor OCZ Technology Group (OCZ) remain frozen since 9 am, Eastern this morning, and the reason came across the transom just a short while ago: The company has received an offer from Toshiba (6502JP) to purchase all the company’s assets in a bankruptcy proceeding.