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ATI MEDICAL INC. SHAREHOLDERS APPROVE PROPOSED MERGER

 ATI MEDICAL INC. SHAREHOLDERS APPROVE PROPOSED MERGER
 LAS VEGAS, May 5 /PRNewswire/ -- ATI Medical Inc. (AMEX: ATI)


announced today that the required majority of ATI's shareholders approved the previously announced proposal pursuant to which MEDIQ/PRN Life Support Services Inc., a wholly owned subsidiary of MEDIQ Inc. (AMEX: MED), will acquire all the common stock of ATI in a cash merger at $4 per share.
 Consummation of the merger remains subject to a number of conditions. It is anticipated that subject to the satisfaction or waiver of such conditions, the proposed merger will be consummated shortly.
 Promptly after consummation of the merger, the exchange agent appointed by MEDIQ/PRN will send directly to each ATI shareholder a letter of transmittal for the purpose of enabling each shareholder to obtain payment for his or her shares upon surrender of the certificates representing such shares.
 -0- 5/5/92
 /CONTACT: Paul E. Stevenson or Susan J. Sittner of ATI Medical, 702-361-8788/
 (ATI MED) CO: ATI Medical Inc.; MEDIQ/PRN Life Support Services Inc.; MEDIQ Inc. ST: Nevada IN: MTC SU: TNM


DM-EH -- LA009 -- 6387 05/05/92 09:08 EDT
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Publication:PR Newswire
Date:May 5, 1992
Words:188
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