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CARETENDERS HEALTHCORP AGREES TO SELL DOBI-SYMPLEX TO HANGER ORTHOPEDIC

CARETENDERS HEALTHCORP AGREES TO SELL DOBI-SYMPLEX TO HANGER ORTHOPEDIC
 LOUISVILLE, Ky., March 2 /PRNewswire/ -- Caretenders HealthCorp (NASDAQ: CTND) has signed a letter of intent to sell DOBI-Symplex, an Orlando, Fla., central fabricator of braces and orthotics, to Hanger Orthopedic Group, Inc. (AMEX: HGR), Bethesda, Md., one of the largest orthotics and prosthetics companies in the U.S. Terms of the proposed transaction were not disclosed. DOBI-Symplex was acquired by Caretenders in 1989.
 -0- 3/2/92
 /CONTACT: John Yarmuth, Caretenders Healthcorp, 502-425-4707/
 (CTND HGR) CO: Caretenders HealthCorp; DOBI-Symplex; Hanger Orthopedic Group, Inc. ST: Kentucky, Maryland IN: HEA SU: TNM


JZ -- CH002 -- 3788 03/02/92 09:29 EST
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Publication:PR Newswire
Date:Mar 2, 1992
Words:108
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