Dynacq Healthcare, Inc. Merger Effective.Business Editors/Health/Medical Writers HOUSTON--(BUSINESS WIRE)--Nov. 21, 2003 Dynacq Healthcare, Inc. (Nasdaq/NM:DYII) today announced that its merger with Dynacq International, Inc. has become effective. As a result of the merger Dynacq Healthcare, Inc., a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , is the surviving company surviving company The company that emerges in control following a business combination. The surviving company is generally one of the firms entering the combination but may be a new company formed by the combination. , which will continue the business. Shares of Dynacq International, Inc. will now represent shares in Dynacq Healthcare, Inc. No action is required of Dynacq shareholders. Dynacq Healthcare, Inc. (www.dynacq.com) is a holding company. Its subsidiaries provide surgical healthcare services and related ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim. services through hospital facilities and outpatient outpatient /out·pa·tient/ (-pa-shent) a patient who comes to the hospital, clinic, or dispensary for diagnosis and/or treatment but does not occupy a bed. out·pa·tient n. surgical centers. |
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