CompScript/Capital Brands letter of intent to acquire Delta Pharmacy Services Inc. of Mobile.BOCA RATON, Fla.--(BUSINESS WIRE)--May 13, 1996--CompScript Inc., Boca BOCA Building Officials and Code Administrators International, Inc. BOCA Bird Observers Club of Australia BOCA Business Object Component Architecture BOCA Borland Object Component Architecture (Borland) Raton-based wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Capital Brands Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CAASD CAASD Center for Advanced Aviation System Development (MITRE) ), Monday announced it had signed a letter of intent to acquire 100% of the outstanding stock of Delta Pharmacy Services Inc. of Mobile, Ala. CompScript Inc. is a pharmaceutical health care company. Delta Pharmacy Services Inc. is an institutional pharmacy serving skilled nursing facilities in Alabama, Florida, and Mississippi. Commenting on the proposal, Brian A. Kahan, CEO/chairman of CompScript Inc. and the parent company, Capital Brands said, "We believe that integrating our unique proprietary management and operating systems with Delta Pharmacy Service's institutional pharmaceutical operations should result in substantial improvements in Delta's revenues. "This signals the start of our aggressive strategic plan to grow rapidly since our move into the public sector through our recent amalgamation with publicly traded Capital Brands," stated Kahan. "Our expansion program is based on acquisitions compatible with our primary business as a provider of pharmaceutical health care management services." Kahan said he contemplates the closing of the letter of intent with Delta Pharmacy Services within the month. CompScript Inc. announced last week it had engaged L.T. Lawrence & Co. Inc., 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 , investment bankers, as advisors on acquisition and mergers. CompScript Inc. is a pharmaceutical health care company providing integrated services to the long-term, sub-acute care, home care, mail order and pharmacy benefits management markets. The company has over 30,000 participating pharmacies in its nationwide pharmacy networks. CONTACT: Shulman & Associates Manny Manny may refer to: In nobility:
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