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Business in Brief

NME filed a registration statement with the SEC.

January 01, 1985

The 5.42 million shares of common stock listed in the filing by National Medical Enterprises will be issued in connection with the firm's acquisition of Rehab Hospital Services, which closed in over-the-counter trading Monday at $22.625 per common share. An agreement between the firms is subject to Rahab shareholder approval at a special meeting Jan. 28 and calls for one share of NME common stock to be exchanged for each outstanding share of Rehab common stock. National Medical Enterprises closed Monday at $23.375.

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