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HOMEDCO GROUP ISSUES STATEMENT REGARDING RECENT ACTIVITY IN THE MARKET FOR ITS STOCK

 HOMEDCO GROUP ISSUES STATEMENT REGARDING
 RECENT ACTIVITY IN THE MARKET FOR ITS STOCK
 FOUNTAIN VALLEY, Calif., June 9 /PRNewswire/ -- Homedco Group Inc. (NASDAQ: HOME) today said that it believes recent activity in the market for its stock may have been caused by rumors regarding a potential acquisition. Homedco confirmed that it is engaged in negotiations to acquire another company, but the outcome is uncertain and no final agreement has been reached.
 Homedco Group Inc. is a leading integrated provider of home health services, offering home respiratory therapy, home infusion therapy and home medical equipment. The company provides its services through 120 branch locations serving patients in 35 states.
 -0- 6/9/92
 /CONTACT: Lawrence H. Smallen, CFO, 714-755-5650, ext. 205, James N. Sutton, VP-marketing, 714-755-5650, ext. 243, Dennis E. Walsh, VP- sales, 714-755-5650, ext. 291, or Karen M. Thomsen, 714-755-5650, ext. 242, all of Homedco/
 (HOME) CO: Homedco Group Inc. ST: California IN: HEA SU:


EH-KJ -- LA004 -- 8211 06/09/92 08:33 EDT
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Publication:PR Newswire
Date:Jun 9, 1992
Words:164
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