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VeriChip receives $4.4 million in cash proceeds related to sale of its former Xmark subsidiary to The Stanley Works.

Publication: RFID (Radio Frequency Identification) Newsletter
Publication Date: 01-AUG-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: VeriChip receives $4.4 million in cash proceeds related to sale of its former Xmark subsidiary to The Stanley Works.(MERGERS AND ACQUISITIONS)(Brief article)

Article Excerpt
VeriChip Corporation, a provider of radio frequency identification (RFID) systems for healthcare and patient-related needs, announced that it has received $4.4 million in escrow proceeds related to the July 2008 sale of its former Xmark Corporation subsidiary to The Stanley Works. As a result of the release of the...

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