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Velti delisting fron Nasdaq, shares halted

  • With the company in the midst of bankruptcy/sale proceedings for various business units, Velti (VELT) is voluntarily delisting from the Nasdaq. The company expects its delisting to become effective on Dec. 16. (PR)
  • Dec. 16 is also the deadline for bids to be made for Velti's U.S., U.K., and Indian mobile marketing businesses, which are currently set to be sold to Blackstone's credit arm.
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