SKM terminates planned merger

Radiology services company Radiologix will be on its own for a while. Its planned merger with Saunders Karp & Megrue (SKM), a bank specializing in private investments, has been canceled by SKM. Radiologix, which will remain a publicly traded company, derives most of its revenue from diagnostic imaging procedures conducted at 124 physician-owned or -operated imaging centers located in 18 states and the District of Columbia.