Vector Graphic said it will liquidate.
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The Westlake Village-based company, a pioneer in the personal computer business, said that it will dissolve under Chapter 7 of the U.S. Bankruptcy Code. Vector filed for protection from creditors in bankruptcy court nearly 14 months ago and stopped making computer equipment shortly thereafter. Vector said it has no money to distribute to unsecured creditors or stockholders and that its assets are worth no more than $275,000 for secured creditors, about $1.5 million short of what they are owed.
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