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457 23andMe Requiring Potential Bidders To Affirm They Will Uphold Data Privacy

Slashdot
BeauHD @ Slashdot · 04/28/2025 15:40 EDT

23andMe Requiring Potential Bidders To Affirm They Will Uphold Data Privacy

The sale of bankrupt DNA data bank 23andMe is delayed as the company struggles to secure a lead bidder who can meet regulatory and privacy requirements, pushing the initial auction deadline from Friday to Monday. Seeking Alpha reports: 23andMe Holdings (OTC:MEHCQ), currently in Chapter 11 bankruptcy proceedings, is requiring that any potential bidders for the company's assets "guaranty that they will comply with the Company's privacy policies and applicable law." The genetics company said this is necessary.

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