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UNIVERSAL HEALTH SERVICES, INC. TO PURCHASE UP TO $10 MILLION OF ITS OUTSTANDING SECURITIES

 UNIVERSAL HEALTH SERVICES, INC. TO PURCHASE UP TO
 $10 MILLION OF ITS OUTSTANDING SECURITIES
 KING OF PRUSSIA, Pa., Aug. 28 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that it may purchase an aggregate of up to $10 million of its Class B Common Shares and its 7-1/2 percent convertible debentures due in 2008 from time to time, either in the open market or in privately negotiated transactions, depending on market conditions.
 Universal Health Services, Inc. is a hospital management company which owns and operates 15 acute care and 13 psychiatric hospitals in 13 states. It acts as the advisor to Universal Health Realty Income Trust a REIT (NYSE: UHT).
 /delval/
 -0- 8/28/92
 /CONTACT: Kirk E. Gorman, senior vp and treasurer of Universal Health Services, 215-768-3300/
 (UHS UHT) CO: Universal Health Services, Inc. ST: Pennsylvania IN: HEA SU:


JS-MP -- PH012 -- 4355 08/28/92 11:46 EDT
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Publication:PR Newswire
Date:Aug 28, 1992
Words:151
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