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Pastimes : JAVA - Short squeeze

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To: Sam Nizam who wrote (88)	10/3/1997 1:19:00 PM
From: Richard Mazzarella	of 157

Food Concepts sets merger JERSEY CITY, N.J., Oct 2 (Reuter) - Food Concepts Inc said Thursday it had signed a $250,000 deal to acquire a medical holding company in exchange for a controlling interest in Food Concepts. Food Concepts said in a statement it had signed a definitive letter of intent with Tri-Star Medical Group Inc to acquire Tri-Star's outstanding stock in exchange for a majority stake in Food Concepts. Food Concepts will take on the name of the holding company and spin off its coffee business to its shareholders in about a month, an official of the gourmet coffee distributor said. Food Concepts stock was 0.0075 higher at 0.0625 in early trading. The price was near its year low of 0.0385. Tri-Star has interests in various medical providers and advanced medical diagnostic services and equipment.

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