BERKELEY HEIGHTS, N.J.--(BUSINESS WIRE)--Genta Incorporated (OTCBB: GNTA.OB) announced today that its Board of Directors has approved a one-for-fifty reverse stock split of Genta’s Common Stock, and that the split will be effective with the open of trading on July 1, 2009. At the Special Meeting of stockholders held on June 26, 2009, Genta’s stockholders approved a proposal authorizing the Board of Directors, in its discretion, to effect a reverse split of Genta’s outstanding common stock at a ratio within a specified range.
