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HEALTHSOUTH, CONTINENTAL MEDICAL SYSTEMS MERGER TERMINATED.

 HEALTHSOUTH, CONTINENTAL MEDICAL SYSTEMS MERGER TERMINATATED
 BIRMINGHAM, Ala., May 6 /PRNewswire/ -- HEALTHSOUTH Rehabilitation Corporation (NYSE: HRC) today announced that its board of directors and the board of directors of Continental Medical Systems, Inc. (NYSE: CNM) have determined that it is not in the best interests of their respective shareholders to proceed with the proposed combination of the two companies and, accordingly, the Agreement and Plan of Reorganization has been terminated by the mutual consent of both companies.
 -0- 5/6/92
 /CONTACT: Richard M. Scrushy, chairman of the board, president and chief executive officer, or Aaron Beam Jr., senior vice president and chief financial officer of HEALTHSOUTH Rehabilitation, 205-967-7116/
 (HRC CNM) CO: HEALTHSOUTH Rehabilitation Corporation; Continental Medical
 Systems, Inc. ST: Alabama IN: HEA SU: TNM


BR -- AT001 -- 6891 05/06/92 08:19 EDT
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Publication:PR Newswire
Date:May 6, 1992
Words:134
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