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Careline Inc

BUSINESS
July 6, 1994
CareLine Inc. said Tuesday that it has completed its previously announced acquisitions of three Philadelphia ambulance services. Terms of the purchases were not disclosed. The three companies--Metropolitan Ambulance Inc., Procor Ambulance and LifeLine Ambulance--provide non-emergency medical transportation in the greater Philadelphia market. All emergency medical transportation there is handled by the fire department.
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BUSINESS
October 27, 1995
Shareholders of CareLine Inc. on Thursday approved the Santa Ana ambulance service company's merger with Laidlaw Inc., a Canadian transportation and waste-management company. As part of the transaction, valued at $330 million, CareLine stockholders will receive 1.1 shares of non-voting Laidlaw stock, worth $145 million, for each CareLine share. Laidlaw also will assume CareLine debt. CareLine will merge with Laidlaw's San Diego-based MedTrans health-care transportation unit.
BUSINESS
July 19, 1995 | DAN MARGOLIS, TIMES STAFF WRITER
Laidlaw Inc., a Toronto-based transportation and waste-management company, announced Tuesday that it will merge with CareLine Inc. of Santa Ana, which would make Laidlaw the largest provider of ambulance service in the United States. The Canadian company will pay $180 million in common stock for CareLine, which ranks third in the United States behind Laidlaw's Medtrans Healthcare Transportation.
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