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BAXTER, STUART MEDICAL END NEGOTIATIONS ON ACQUISITION

 DEERFIELD, Ill., Feb. 19 /PRNewswire/ -- Baxter International and Stuart Medical, Inc., announced today that they have mutually agreed to terminate their previously announced negotiations concerning Baxter's acquisition of Stuart's Supply Division. The companies were unable to agree on the terms of the definitive acquisition agreement.
 The two companies had announced on Nov. 19, 1992, that they had reached an agreement in principle under which Baxter would acquire the Supply Division of Stuart Medical, subject to certain conditions, including the negotiation of a definitive agreement.
 Stuart is a privately held company based in Greensburg, Pa. It is owned by the Henry Hillman family of Pittsburgh.
 Baxter is the leading manufacturer and marketer of health-care products, systems and services worldwide.
 -0- 2/19/93
 /CONTACT: Geoffrey D. Fenton, 708-948-3436, of Baxter/
 (BAX)


CO: Baxter International; Stuart Medical, Inc. ST: Illinois, Pennsylvania IN: MTC SU:

LR -- NY043 -- 8422 02/19/93 13:36 EST
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Publication:PR Newswire
Date:Feb 19, 1993
Words:151
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