$MGT: Here is on news wire now: MGT Capital Inv
Post# of 22755
Posted On: 05/11/2016 2:32:47 PM
$MGT: Here is on news wire now:
MGT Capital Investments Inc. (NYSE: MGT) has soared as much as 111% over the last two trading sessions after John McAfee, the antivirus software pioneer and presidential candidate, has been named chief executive officer and executive chairman of the company. MGT has agreed to acquire specific technology and assets of McAfee's anti-spy software firm D-Vasive for $300,000 in cash and 23.8 million restricted shares, or 47% of the company.
According to http://www.TechStockInsider.com John McAfee sold his former computer antivirus software company, McAfee, to Intel (INTC) for $7.7 billion in 2011.
MGT Capital Investments Inc. (NYSE: MGT) has soared as much as 111% over the last two trading sessions after John McAfee, the antivirus software pioneer and presidential candidate, has been named chief executive officer and executive chairman of the company. MGT has agreed to acquire specific technology and assets of McAfee's anti-spy software firm D-Vasive for $300,000 in cash and 23.8 million restricted shares, or 47% of the company.
According to http://www.TechStockInsider.com John McAfee sold his former computer antivirus software company, McAfee, to Intel (INTC) for $7.7 billion in 2011.
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