May 13, 2010
Nyer Liquidates Stocks
By Brandon Butler
Nyer Medical Group Inc. announced it will liquidate shares of its common stock this month as part of the dissolution of the company.
The company will pay out $2.08 per share on May 20 to all recorded shareholders as of May 3. The company announced in February it would be closing, with the process expected to be complete by the end of this month.
The company, based in Holliston, operated pharmacies and provided pharmacy management services to nonprofit organizations in the Greater Boston area.
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