FPA Medical Management and Sterling Healthcare Group announce date for special stockholders' meetings and proposed timing of closing of merger.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and CORAL GABLES, Fla.--(BUSINESS WIRE)--Oct. 7, 1996-- FPA 1. (hardware) FPA - floating-point accelerator. 2. (programming) FPA - Function Point Analysis. Medical Management 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 :FPAM FPAM Financial Planning Association of Malaysia ) and Sterling Healthcare Group Inc. (Nasdaq:STER STER Stichting Ether Reclame STER Small Turbine Engine Research STER St. Thomas and Eastern Railway ) announced today that in connection with the proposed merger of the two companies each would hold a special meeting of its stockholders on Oct. 31, 1996 to approve the merger. The companies commenced mailing of definitive proxy materials Proxy Materials Documents regulated by the Securities & Exchange Commission in which a public company outlines its methods and procedures. These documents are used to inform shareholders and solicit votes for corporate decisions, such as the election of directors and other on Oct. 4, 1996 to stockholders of record as of Sept. 25, 1996. The merger is expected to close shortly following the special meetings and satisfaction of certain other customary conditions. FPA Medical Management Inc. is a national healthcare management service organization which organizes and manages primary care physician networks to contract with HMOs and other prepaid health insurance plans to provide physician and related healthcare services. Sterling Healthcare Group Inc. is a leading physician practice management company in over 20 states. Sterling presently has over 1,000 affiliated physicians providing healthcare services to over 1.3 million patients annually. Certain statements in this release are forward looking. Although FPA Medical Management Inc. believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business, there can be no assurance that actual results will not differ materially from its expectations. CONTACT: FPA Medical Management Inc. James A. Lebovitz, 619/295-7005 or Sterling Healthcare Group Inc. Jack Greenman, 305/665-1911 or Morgen-Walke Associates Robert P. Jones/Jill Ruja 212/850-5600 or Media Contact Miriam Adler, 212/850-5600 |
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