| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Z > Headlines for ZCO Liquidating Corp. > News item |
Former OCZ Technology obtains OK of $850,000 power supply assets sale
By Caroline Salls
Pittsburgh, Feb. 6 - ZCO Liquidating Corp., formerly known as OCZ Technology Group, Inc., received court approval to sell its power supply assets to Firepower Technology, Inc. for $850,000, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.
As previously reported, Firepower's bid was selected as the high bid last week. Douglas A. Dodson's $825,000 bid will serve as the back-up bid.
OCZ, a Sunnyvale, Calif.-based producer of computer memory and components, filed for bankruptcy on Dec. 2. The Chapter 11 case number is 13-13126.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.