Access Health, Inc. Files Registration Statement To Sell Common Stock.RANCHO CORDOVA Rancho Cordova (răn`chō kôrdō`və), uninc. residential city (1990 pop. 48,731), Sacramento co., N Calif. A suburb of Sacramento, it experienced rapid growth in the late 20th cent. , Calif.--(BUSINESS WIRE)--Nov. 6, 1995--Access Health, Inc. announced that it has filed a Registration Statement with the Securities and Exchange Commission for a public offering of 2,500,000 shares of Common Stock. Of the total, 1,000,000 shares are being offered by the Company and 1,500,000 shares are being offered by certain of the Company's venture capital investors. The Company's Management is not selling shares in the offering. Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co. is the lead manager for the offering. Net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). to the Company from the offering will be used for business expansion and general corporate purposes. A prospectus relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the offering may be obtained from Merrill Lynch & Co., World Financial Center, North Tower, Street Level, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of N.Y. 10281-1324, attention: Max Tabuzo, 212/449-8415. Access Health, Inc. is a leading provider of personal health management products and services. The Company's clients include managed care organizations, health plans, self-insured employers, military health care programs and hospital and physician delivery systems. A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission, but it has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. CONTACT: Laura Hawkins, 415/274-8127 |
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