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MEGATRON HOLDING CORP. TO ACQUIRE ERGO-MED CENTERS IN AN EXCHANGE OF STOCK

 MEGATRON HOLDING CORP. TO ACQUIRE ERGO-MED CENTERS
 IN AN EXCHANGE OF STOCK
 MORTON GROVE, Ill., Nov. 26 /PRNewswire/ -- Megatron Holding Corp. (OTC) of Boca Raton, Fla., announced today that it will acquire Ergo-Med Centers Inc. of Los Angeles in an exchange of stock, the terms of which will be announced soon.
 The announcement was made by Moishe Tubero, chairman and chief executive officer of Megatron and Dr. Mark I. Rozen, D.C., chairman and chief executive officer of Ergo-Med on behalf of their respective boards of directors.
 The agreement stipulated that on completion of the merger the name of the resulting company will be Ergo-Med Centers Inc. and that Rozen will assume the title of president and chief executive officer.
 Ergo-Med Centers Inc. is a California corporation formed in 1990 for the purpose of funding, developing and managing a chain of medical centers that specialize in the treatment and rehabilitation of patients suffering from lower back and neck problems.
 It is anticipated that the exchange of shares and name change in the agreement will occur on or about the first week of January 1992.
 -0- 11/26/91
 /CONTACT: Mel Levine, 213-655-6800 or (in Illinois) 800-356-9097, for ML/ID Inc./ CO: Megatron Holding Corp.; Ergo-Med Centers Inc. ST: Illinois, California IN: HEA SU: TNM


DM-CH -- LA002 -- 7154 11/26/91 09:01 EST
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Publication:PR Newswire
Date:Nov 26, 1991
Words:223
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