CONTINENTAL CHOICE CARE ENGAGES HEALTHCARE CONSULTANTS; TERMINATES AGREEMENT TO ACQUIRE INTERNATIONAL NURSING SERVICES.Florham Park, NJ--(BUSINESS WIRE)--June 22, 1995--Continental Choice Care, Inc., (Nasdaq National Stock Market: CCCI CCCI Campus Crusade for Christ International CCCI Cebu Chamber of Commerce and Industry (Philippines) CCCI Central Criminal Court of Iraq CCCI Crossroads Christian Communications Inc. ), a New Jersey-based provider of dialysis products and services in the Tri-State area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. today announced that it has retained the services of Zelenkofske Axelrod, a Philadelphia-based accounting and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in the healthcare markets and that on June 21, 1995 it terminated the Agreement and Plan of Merger dated as of April 25, 1995 (the "Merger Agreement") with International Nursing Services, Inc. (Nasdaq Small Cap: NURS NURS Norwich Union Risk Services (UK) NURS Non-UCIT Retail Schemes ), in accordance with its terms. CCCI has retained Zelenkofske Axelrod to evaluate the Company's operations and markets to identify specific strategic growth opportunities to support management's continuing interest in maximizing shareholder value. Alternative opportunities to be pursued will include acquisitions and mergers both within its primary markets relative to dialysis products and services as well as other opportunities in home and alternate site healthcare markets. CONTACT: INVESTOR RELATIONS Investor relations The process by which the corporation communicates with its investors. COUNSEL: Continental Choice Care, Inc. -or- The Equity Group Inc. Steven L. Trenk, President Linda Latman (201) 593-0500 ext. 130 (212) 836-9609 |
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