Medical Resources plans stock issue

Article

Imaging services provider Medical Resources of Hackensack, NJ,has filed a registration statement with the Securities and ExchangeCommission for a public offering of four million shares of commonstock. Proceeds from the offering will be used to finance

Imaging services provider Medical Resources of Hackensack, NJ,

has filed a registration statement with the Securities and Exchange

Commission for a public offering of four million shares of common

stock. Proceeds from the offering will be used to finance future

acquisitions, fund internal growth, and pay off debt in its revolving

lines of credit. The company's stock was trading at around $8

a share last week.

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