Article: Alternative Health Care Systems announces stock purchase agreement.

ALTERNATIVE HEALTH CARE SYSTEMS ANNOUNCES STOCK PURCHASE AGREEMENT

NAUGATUCK, Conn., May 10 /PRNewswire/ -- Alternative Health Care Systems, Inc. (NASDAQ: AHCS) of Naugatuck announced today a definitive stock purchase agreement signed between the company and Interbank Financial Corporation to sell the company's 51 percent interest in Columbia for a nominal amount. The Interbank Financial Corporation has agreed with the insurance commissioner of Pennsylvania to provide $4-$5 million of surplus to Columbia ...

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