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Biotech / Medical : EYES (Vision Twenty-One, Inc.)
EYES 4.140-5.0%Aug 30 5:00 PM EST

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To: goordo who wrote (17)4/9/1998 9:31:00 AM
From: Wally Mastroly  Read Replies (1) of 129
 
EYES Announces Completion of Certain Acquisitions:

"LARGO, Fla., April 9 /PRNewswire/ -- Vision Twenty-One, Inc. (Nasdaq: EYES - news), an eye care management company, today announced the completion of four transactions consisting of two optometric chains with a total of 35 locations, a vision benefit management company marketed to small employer groups, and an optical laboratory. Consideration paid by the company for the transactions was approximately $22.4 million consisting of $5.9 million in cash and approximately 1.6 million shares of Vision Twenty-One stock. The final consideration is subject to certain adjustments. On a pro forma basis, these acquisitions are accretive to earnings..."

biz.yahoo.com
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