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BUSINESS
June 18, 1991
HPB Associates, a New York investment partnership controlled by Howard P. Berkowitz, said it reduced its interest in Nu-Med Inc., an Encino health care concern, from 9.7% to 8.1%, or 732,300 shares, according to a filing with the Securities and Exchange Commission. The partnership sold the shares between April 12 and June 7 for prices ranging from $2.87 to $4.01 each.
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BUSINESS
June 25, 1991
A Wall Street investment partnership has reduced its interest in Encino hospital operator Nu-Med Inc. from 8.1% to 6.9%, or 626,300 common shares, according to a filing with the Securities and Exchange Commission. HPB Associates L.P., controlled by Howard P. Berkowitz, sold 106,000 Nu-Med shares June 14 and 17 for $3.62 to $3.68 each, or a total of about $385,000, the SEC documents said.
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BUSINESS
June 25, 1991
A Wall Street investment partnership has reduced its interest in Encino hospital operator Nu-Med Inc. from 8.1% to 6.9%, or 626,300 common shares, according to a filing with the Securities and Exchange Commission. HPB Associates L.P., controlled by Howard P. Berkowitz, sold 106,000 Nu-Med shares June 14 and 17 for $3.62 to $3.68 each, or a total of about $385,000, the SEC documents said.
BUSINESS
June 18, 1991
HPB Associates, a New York investment partnership controlled by Howard P. Berkowitz, said it reduced its interest in Nu-Med Inc., an Encino health care concern, from 9.7% to 8.1%, or 732,300 shares, according to a filing with the Securities and Exchange Commission. The partnership sold the shares between April 12 and June 7 for prices ranging from $2.87 to $4.01 each.
BUSINESS
August 22, 1989
HPB Associates, a New York investment concern, announced that it increased its stake in Nu-Med, the Encino-based hospital operator, from 4.1% to 6.5%. HPB said in a filing with the Securities and Exchange Commission that it purchased 215,800 shares of Nu-Med for $3.8 million in a series of transactions beginning June 28 and ending Thursday.
BUSINESS
September 18, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
HPB Associates LP, a New York investor group that owns 9.9% of struggling Nu-Med Inc., said it is seeking seats on Nu-Med's board of directors to have a greater say in the restructuring of the Encino-based health-care management concern. HPB, led by investor Howard P. Berkowitz, also said in a filing last week with the Securities and Exchange Commission that its plan is supported by another major shareholder, Allen Holding Inc., an affiliate of the wealthy New York investment firm Allen & Co.
BUSINESS
January 8, 1991 | BARRY STAVRO, TIMES STAFF WRITER
Nu-Med Inc., a struggling Encino-based health care chain that has been trying to reduce its debts and raise cash, agreed last week to sell two of its hospitals to a new company headed by its former president. The 156-bed Sherman Oaks Community Hospital and the 139-bed Nu-Med Regional Medical Center in Canoga Park are to be sold to Triad Healthcare, a new nonprofit corporation to be run by Stuart Marylander, who resigned last week as Nu-Med's president.
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