Dynacq to Become Dynacq Healthcare Inc. and Reincorporate in Delaware.Business Editors/Health/Medical Writers HOUSTON--(BUSINESS WIRE)--Oct. 21, 2003 Dynacq International Inc. (Nasdaq/NM:DYII) today announced that it will change its name to "Dynacq Healthcare Inc." and reincorporate Re`in`cor´po`rate v. t. 1. To incorporate again. in Delaware. It has also appointed American Stock Transfer & Trust Company of 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 as its Stock Transfer Agent. The Board of Directors and a majority of the shareholders of Dynacq have approved a reincorporation in Delaware. Delaware, home to many of America's leading corporations, has evolved and settled laws governing corporations, their shareholders and management. Chiu M. Chan, Dynacq CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "The Company believes that the new name, Dynacq Healthcare Inc., better reflects the Company's business and expects that the reincorporation and appointment of a new transfer agent will be beneficial to the Company and all of its shareholders." An Information Statement will be mailed to shareholders describing the transaction, which is expected to become effective on Nov. 14, 2003. Dynacq International 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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