Coram receives request for additional information from Lincare.DENVER--(HealthWire)--June 22, 1995--Coram Healthcare Corp. (NYSE NYSE See: New York Stock Exchange :CRH CRH corticotropin-releasing hormone. CRH abbr. corticotropin-releasing hormone CRH corticotropin releasing hormone. ) Thursday announced that Lincare Holdings 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 :LNCR LNCR Lincare Holdings (stock symbol) LNCR Least Normalized Cost Replacement ) has requested certain additional information from Coram to enable Lincare's board of directors to review its recommendation of the existing merger agreement between Lincare and Coram. Coram and Lincare announced their intention to merge on April 18, 1995. A spokesman for Coram stated that it will provide the information requested and that, through appropriate dialogue, Coram hopes to alleviate any concerns the Lincare board might have. Coram continues to believe that the combination of Lincare and Coram represents an excellent strategic opportunity for both companies, and Coram intends to work diligently toward consummation of the merger. Coram, with headquarters in Denver, is a leading provider of alternate site patient care. Coram's name, which is Latin for "openly, face-to-face," reflects its mission: to work with patients, physicians, managed care, and other providers to develop new and better models of care, for those with serious or chronic medical problems. CONTACT: Coram Healthcare Corp., Denver Susan Witter witter Verb Chiefly Brit informal to chatter or babble pointlessly or at unnecessary length [origin unknown] witter verb chatter, chat, rabbit (on) , 303/672-8718 (investors) Larry Watts, 303/672-8728 (media) |
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