April 13, 1989
AMI Asked to Consider All Offers: A Ft. Worth investor group holding the largest stake of American Medical International stock have asked AMI management to consider all buyout offers and any other proposal that would enhance the value of their shares, according to a statement filed with the Securities and Exchange Commission. RTF Partners--the group has a 11.6% stake in the Beverly Hills hospital chain--said it has also had discussions with a group that recently offered $24 a share to take AMI private.
October 12, 1989 |
American Medical International, already the subject of a $1.67-billion acquisition bid from a private investor group, disclosed Wednesday that two other parties may make offers to buy the company. The Beverly Hills-based hospital management firm refused to identify the potential suitors and said it had not yet decided whether to make offers that would top IMA Acquisition Corp.'s bid. That investor group includes Chicago's Pritzker family and First Boston Corp.
August 30, 1988 |
Walter L. Weisman, chairman and chief executive of American Medical International, has lost the support of most of the firm's directors and is expected to resign today, the company said Monday. The resignation is scheduled one day before a deadline set by M. Lee Pearce, a major shareholder who has long been critical of AMI management. Last month, Pearce--who holds the second-largest stake in the Beverly Hills hospital chain--urged the board to remove Weisman by Aug. 31.