Utah-Based Remotemdx Discusses Possible Takeover

Summary


Utah-based RemoteMDx Inc., the maker of security tracking and monitoring systems, held talks with its largest investor, Vatas Holding GmbH, about a possible takeover, according to U.S. Securities and Exchange Commission filings.

Executives of Berlin-based Vatas met with RemoteMDx officials Dec. 20 to discuss future strategies, including a possible takeover, to increase shareholder value, both companies said in SEC documents filed this past Friday.

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Utah-Based Remotemdx Discusses Possible Takeover

Vatas owns ab...

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