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Article: Dialysis Corporation of America Announcement of Definitive Merger Agreement.
- Article from:
- Business Wire
- Article date:
- October 21, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LEMOYNE, Pa.--(BW HealthWire)--Oct. 21, 1999--
Dialysis Corporation of America ("DCA" or the "Company") (Nasdaq:DCAI) announced today that its board of directors, together with the board of directors of MainStreet IPO.com, Inc. ("MSI"), have adopted an Agreement and Plan of Merger.
The DCA board has also approved the sale of its assets to and assumption of liabilities by a wholly-owned subsidiary of its parent, Medicore, Inc., which is to occur immediately prior to the merger. For the sale of the assets and the merger to be effected, both transactions must be approved by the public shareholders of DCA, exclusive of the vote of Medicore, which parent ...