September 4, 1997 |
EndoSonics Corp. said it will distribute to its shareholders an 8% stake in Irvine-based CardioVascular Dynamics Inc., which once was owned by the Rancho Cordova company. The move will cut EndoSonics' stake in CardioVascular to 25%, or 2.21 million shares, from 33%. CardioVascular makes devices to strengthen blood vessels. EndoSonics, which makes ultrasound imaging systems, spun off most of CardioVascular in June 1996.
April 30, 1996 |
Michael Henson spends his life talking to heart doctors. He vacations with them. He watches them work. The chief executive said he recently "spent all day in a catheter lab, with my suit off, with greens on, watching cardiologists putting catheters in patients." Such attention to detail is one reason the young Irvine company he runs, CardioVascular Dynamics Inc., is experiencing sudden growth. Sales this year are expected to hit $8 million, double 1995's results.
November 13, 1996 |
Vons Cos. is expected today to respond to Safeway Inc.'s offer to buy the Southern California supermarket chain for $2.29 billion cash and assumed debt. . . . Rancho Cordova-based EndoSonics Corp. named Roger Salquist chairman. . . . Chatsworth-based StreamLogic Corp. appointed Barbara V. Scherer chief financial officer. . . Keith T. Davidson has been named president of Torrance-based Xplor International. . . . Irvine-based Subscriber Computing Inc.
August 25, 2000 |
Radiance Medical Systems Inc. plans to sell about 2.85 million shares of common stock, according to a registration statement filed with the Securities and Exchange Commission. The stock sale will include 1.5 million shares that the company will offer and about 1.35 million shares that its former parent company, EndoSonics Corp., will sell, according to the filing. The 1.35 million shares represent EndoSonics' entire stake in Radiance Medical.