ADG, Inc. Withdraws Its Offer to Purchase the Business of Birner Dental Management Services, Inc. At a Price Equivalent to $12 Per Share.Business Editors, Health & Medical Writers BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Sept. 12, 2002 On September 6, 2002, in a letter to the Independent Committee of the Board of Directors of Birner Dental Management Services, Inc., ADG ADG average daily gain. ADG Ambulatory diagnostic group , Inc., a Detroit, Michigan “Detroit” redirects here. For other uses, see Detroit (disambiguation). Detroit (IPA: [dɪˈtʰɹɔɪt]) (French: Détroit, meaning strait based Dental Practice Noun 1. dental practice - the practice of dentistry practice - the exercise of a profession; "the practice of the law"; "I took over his practice when he retired" Management Company, withdrew its offer to purchase the business of Birner at a price equivalent to $12 per share. The Board of Directors had previously rejected the ADG, Inc. purchase offer. ADG, Inc. cited, among other things, concerns about future revenue growth and cost cutting which may be detrimental to the long-term financial health of Birner, however, ADG, Inc. and its affiliates plan to continue to review the business affairs and financial results of Birner and may consider alternative transactions. ADG, Inc. manages 55 dental offices in five states offering general, orthodontic orthodontic (ôr´th adj and specialty care all under the Great Expressions Dental Centers name. |
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