A Burnout of a Different Color

By Deane Barker on August 7, 2003

Net Perceptions returns cash to shareholders: Failed dotcoms aren’t new, but this one is a little different. They realized they were doomed, and they’re actually going to hand some of their money back to the stockholders before they go under.

“In a statement, the company said existing shareholders will receive $1.50 for each share of stock, for a total of about $40 million. Efforts to sell company’s assets will continue, but liquidation is a possibility.”