BUSINESS
May 25, 1994 | From Times Staff and Wire Reports
Health O Meter Swallows Up Mr. Coffee: Mr. Coffee Inc. said it has agreed to be gulped by Health o meter Products Inc., a smaller company that makes medical, office and household scales, for $135 million in cash, or $15.50 a share. The announcement was a surprise to some in the appliance industry, who had expected that the Ohio manufacturer of coffee makers would be sold for a higher price to an established industry player. Health o meter had sales of $67.