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Digital Angel Agrees to Sell Its Stake in VeriChip Corporation.

Publication: Business Wire
Publication Date: 13-NOV-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
VeriChip Shares and Related Assets Sold for Approximately $1.57 Million in Cash

SO. ST. PAUL, Minn. -- Digital Angel (NASDAQ:DIGAD), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that it has entered into a set of agreements to sell its approximately 45% stake in VeriChip Corporation, certain related assets and lease payments for about $1.57 million in cash. Of this amount, Digital...

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