Monthly Management Newsletter - August 1991

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News American Biodyne, Inc. of South San Francisco, California announced on September 4, 1991 that it signed a letter of intent to acquire the assets of Assured Health Systems, Inc. In consideration for assets, Biodyne has agreed to pay $3.5 million. Biodyne will also pay an additional $2.5 million over a two-year period if certain performances-based criteria are met. The acquisition remains subject to due diligence and execution of a final purchase agreement. A closing date . . .
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