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Article: GUARDIAN INSURANCE FINANCIAL SERVICES, INC. (GIFS) TO ACQUIRE INTERNATIONAL MEDICAL PRODUCTS, INC.

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PR Newswire
Article date:
February 20, 1996
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CHATTANOOGA, Tenn., Feb. 20 /PRNewswire/ -- Guardian Insurance & Financial Services, Inc. (OTC Bulletin Board: GIFS) announces a new acquisition target, currently in the contract negotiation phase. Guardian Insurance & Financial Services, Inc. agrees to purchase Mentor, Ohio-based International Medical Products, Inc. and two of its related companies, for an offering price of $3 million, company-financed, with closing expected to occur during the next ten days.

International Medical Products, Inc. is a high-tech medical technology products and services manufacturing company, represented by its president, Dr. Nyan Shah, former Director of technology transfer for the ...

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