MotherNature.com Board Votes to Liquidate Company
MotherNature.com
(MTHR)
, an online retailer of vitamins, supplements and other products, said its board unanimously voted to liquidate and dissolve the company.
The Concord, Mass., company said it expects assets available for distribution to shareholders to total about $15.8 million, or $1 a share. The company is in the process of trying to sell certain assets and shut down its operations.
Earlier today, online pet products retailer
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Pets.com
(IPET)
said it would wind down its operations and terminate most of its staff.
Shares of MotheNature.com were halted in
Nasdaq
trading at 63 cents.
