
|Articles|September 3, 1997
Medical Resources buys four centers
Imaging center chain Medical Resources last month added to its expanding chain four more centers in Florida. The Hackensack, NJ, company paid $9.25 million in cash and notes convertible into Medical Resources common stock, plus the assumption of debt.
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Imaging center chain Medical Resources last month added to its expanding chain four more centers in Florida. The Hackensack, NJ, company paid $9.25 million in cash and notes convertible into Medical Resources common stock, plus the assumption of debt. The annual revenues of the facilities are about $5.3 million. The centers are located on the west coast of Florida, and will add to the company's growing presence in the state.
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