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BRIEFLY

Auto service firms disputed the status of a deal.

June 04, 1987

Beverly Hills-based Cardis said a deal was off for Autospa Corp. to buy a controlling interest in Cardis, the parent corporation of Tuneup Masters. But Autospa, a Woodside, N.Y.-based franchiser of AutoSpa Service Centers, said the the deal is still on. AutoSpa said it has engaged the law firm of Skadden Arps Slate Meagher & Flom to advise it on enforcing the agreement. Cardis, meanwhile, said it has retained Bear Stearns & Co. Inc. as financial advisers with respect to the restructuring of its debt and certain other financial matters.

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