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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who started this subject3/27/2001 7:17:29 PM
From: StockDung  Read Replies (1) of 122087
 
Alliance Imaging pulls IPO, cites market conditions


WASHINGTON, March 27 (Reuters) - Alliance Imaging, which provides services such as magnetic resonance imaging 1/8MRI 3/8 used for brain scans, on Tuesday withdrew a planned $172.5 million initial public offering of its common stock.

The company, which is based in Anaheim, California, is majority-owned by private investment firm Kohlberg Kravis Roberts & Co.

"The company requests withdrawal of the registration statement because, due to uncertain market conditions, it does not intend to conduct the offering of shares of its common stock ... at this time," Alliance Imaging said in a filing with the Securities and Exchange Commission.

The company had applied to list its shares on the New York Stock Exchange and did not say how many shares it plans to offer or the price per share. It filed a preliminary prospectus with the SEC in February.

The lead underwriters were Deutsche Banc Alex. Brown and Salomon Smith Barney.

18:32 03-27-01
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