Bankruptcy Court Approves Unilab's Acquisition of Meris Laboratories of San Jose, California.TARZANA, Calif.--(BUSINESS WIRE)--Oct. 29, 1998--UNILAB Corporation (AMEX AMEX See: American Stock Exchange : ULB ULB Universitäts- und Landesbibliothek ULB Université Libre de Bruxelles ULB Underwater Locator Beacon ULB Urban Local Body (India) ULB Un-Lighted Buoy ULB Unified Legislative and Budget ULB Union Lausannoise de Badminton ULB Universal Library ) and Meris Laboratories, Inc. announced today that the U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , California has approved the previously announced sale of substantially all of the assets of Meris to Unilab. Closing of the transaction is expected to occur within approximately one to two weeks, subject only to customary closing conditions. The statements in this press release that are not historical facts may be deemed to be forward-looking statements. Each of the above forward-looking statements is subject to change based on various risks and uncertainties, including without limitation, legislative and regulatory developments and competitive actions in the marketplace that could cause the outcome to be materially different from stated. Certain of these risks and uncertainties are listed in the Company's 1997 Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . Unilab Corporation is the largest provider of clinical laboratory testing services in California through its primary testing facilities in Los Angeles, San Jose and Sacramento and over 200 regional service and testing facilities located throughout the state. |
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