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October 11, 1989 | LESLIE BERKMAN, TIMES STAFF WRITER
American Health Services Corp., a Newport Beach-based operator of medical diagnostic centers, said Tuesday that it has agreed to sell a 30% interest in its business to a Swiss conglomerate for $7 million. American Health Services has grown rapidly in the burgeoning medical diagnostic industry during its seven-year history. But Clarke Underwood, the company's chief financial officer, said further growth was contingent on tapping additional working capital.
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BUSINESS
October 11, 1989 | LESLIE BERKMAN, TIMES STAFF WRITER
American Health Services Corp., a Newport Beach-based operator of medical diagnostic centers, said Tuesday that it has agreed to sell a 30% interest in its business to a Swiss conglomerate for $7 million. American Health Services has grown rapidly in the burgeoning medical diagnostic industry during its seven-year history. But Clarke Underwood, the company's chief financial officer, said further growth was contingent on tapping additional working capital.
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