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Microcap & Penny Stocks : NUMD: NuMED Stock of the Month on SmallCap Investor -- Ignore unavailable to you. Want to Upgrade?

To: dennisp who wrote (36)	2/27/1998 12:51:00 PM
From: dennisp	Respond to of 49

Todays news on NUMD NuMed Home Seeks Fairness Opinion On Banyan Health Merger CLEARWATER, Fla. (Dow Jones)--NuMED Home Health Care Inc. (NUMD) hired McDonald & Co. Securities Inc. to render a fairness opinion on its planned merger with Banyan Healthcare Services Inc. (BANH). As reported Feb. 18, the companies have agreed to merge in a deal which will leave NuMed shareholders with 4% to 7% of the combined company plus warrants and preferred shares. Banyan shareholders will hold between 93% to 96%. Banyan, Philadelphia, is a home health care services and products company. NuMED, Clearwater, Fla., is a home health care services and temporary nursing staffing services company.