TEL-AVIV, Israel, June 27, 2016 /PRNewswire/ —
Metalink Ltd. (OTCQB: MTLK), today announced that its Board of Directors has approved a plan to voluntary liquidate the Company and distribute all of its net cash to shareholders on a pro rata basis.
Net of all anticipated wind-down and liquidation expenses, Metalink anticipates approximately $3.50 million to $4.05 million in net cash available for distribution among all holders of ordinary shares after the Company’s liquidation process is complete. Si…
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