Devices & Diagnostics

NMT Medical to liquidate assets, repay creditors

NMT Medical Inc. (PINK:NMTI) began liquidating its assets in an attempt to repay its creditors. Officials at the Boston, Mass.-based company said it entered into an Assignment for the Benefit of Creditors, effective immediately. The legal maneuver is an alternative to formal bankruptcy that transfers all of NMT’s assets to a designated party, which can […]