23andMe Files For Chapter 11, Will Try To Find Buyer

23andMe Files For Chapter 11, Will Try To Find Buyer 23andMe Files For Chapter 11, Will Try To Find Buyer

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Genetic testing company 23andMe will attempt to sell itself under supervision of a court after filing for Chapter 11 bankruptcy protection. The company, which never turned a profit, cut about 40% of its workforce in recent months. Officials say the company plans to operate through the sales process.