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Chemed Unit Agrees to Purchase Easterday Assets

April 09, 1985|DJ

CINCINNATI — Chemed Corp. said its wholly owned subsidiary National Sanitary Supply Co. has agreed to purchase the business and substantially all the operating assets of Easterday Supply Co., a subsidiary of American Building Maintenance Industries.

Terms weren't disclosed.

Chemed said Easterday, a San Francisco-based janitorial-supplies distributor, had sales of about $20 million in 1984.

The proposed acquisition is subject to a definitive agreement and approval by directors of both companies.

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