Genetic testing firm 23andMe will not go ahead with CEO Anne Wojcicki's take-private offer and has asked her to withdraw any plan to oppose an alternative deal, the company said on Friday.
NEW YORK, NY / ACCESSWIRE / August 2, 2024 / 23andMe (NASDAQ:ME) was hacked in December 2023, affecting approximately 7 million users of its genetic services website. According to a recently filed class complaint, hackers who infiltrated 23andMe's system were after the personal information of Jewish and Chinese customers, but the company hid that detail when notifying affected customers.
23andMe (NASDAQ: ME ) stock is in the news Friday as investors react to the company's co-founder offering to take it private in a $200 million deal. According to a 23andMe press release, chairman and CEO Anne Wojcicki is willing to pay 40 cents per share for ME stock to take the company private.
23andMe said on Friday that it will not go ahead with CEO Anne Wojcicki's take-private offer and has asked her to withdraw any plan to oppose any alternative deal.
23andMe co-founder and chief executive Anne Wojcicki made a non-binding proposal to the board to acquire all of the company's outstanding shares not already owned by her or her affiliates for $0.40 per share, a filing showed on Wednesday.
23andMe CEO Anne Wojcicki has submitted a proposal to take the genetic testing company private. She is prepared to acquire all of 23andMe's outstanding shares of common stock in cash for 40 cents per share, according to a filing with the SEC Wednesday.
NEW YORK, NY / ACCESSWIRE / June 14, 2024 / 23andMe (NASDAQ:ME) was hacked in December 2023, affecting approximately 7 million users of its genetic services website. According to a recently filed class complaint, hackers who infiltrated 23andMe's system were after the personal information of Jewish and Chinese customers, but the company hid that detail when notifying affected customers.
NEW YORK, NY / ACCESSWIRE / June 11, 2024 / 23andMe (NASDAQ:ME) was hacked in December 2023, affecting approximately 7 million users of its genetic services website. According to a recently filed class complaint, hackers who infiltrated 23andMe's system were after the personal information of Jewish and Chinese customers, but the company hid that detail when notifying affected customers.
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Privacy watchdogs in the U.K. and Canada have launched a joint investigation into the data breach at 23andMe last year.
The Canadian and British privacy authorities have launched a joint probe into a data breach at genetics testing company 23andme last year, Canada's privacy commissioner said in a statement on Monday.
NEW YORK, NY / ACCESSWIRE / June 7, 2024 / 23andMe (NASDAQ:ME) was hacked in December 2023, affecting approximately 7 million users of its genetic services website. According to a recently filed class complaint, hackers who infiltrated 23andMe's system were after the personal information of Jewish and Chinese customers, but the company hid that detail when notifying affected customers.