Article: North American Resorts, Inc. Enters Into Recision And Release With American Clinical Labs, Inc.

ORLANDO, Fla., Dec. 16 /PRNewswire/ -- North American Resorts, Inc. (OTC Bulletin Board: NIAR)("North American"), a publicly traded vacation ownership management company located in Central Florida announced today that it has entered into a Recision and Release, dated December 1, 1996, with American Clinical Labs, Inc. ("American Clinical") to rescind the Agreement and Plan of Reorganization entered into by the parties on September 3, 1996. North American has returned the assets it acquired from American Clinical and American Clinical has returned the 41,000,000 shares of North American's common stock with registration rights to North American. In conjunction with the ...






Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!