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Secomerica Inc

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BUSINESS
November 1, 1989
Secomerica Inc., Newport Beach, said that a $50-a-share tender offer to acquire HMSS, a provider of in-home infusion therapy, has been completed. The company's subsidiary, Secomerica Acquisition Corp., acquired 4,777,487 shares of HMSScommon stock, or 99% of the total outstanding shares. The merger of HMSS and Secomerica Acquisition Corp. will be completed as soon as practical, Secomerica said. Secomerica provides commercial and residential security and emergency medical services.
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BUSINESS
July 12, 1990 | LESLIE BERKMAN
Secomerica Inc. said Wednesday it has tentatively agreed to acquire a majority interest in Care Visions Corp., a Santa Ana-based pediatric health firm that provides services for medically dependent children through its Kangaroo Kids center. Under the proposed transaction, Secomerica, Newport Beach, will pay about $2.8 million for 55% of the shares of Care Visions Corp., which also provides home nursing and home infusion therapy to about 100 children throughout Southern California.
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BUSINESS
July 12, 1990 | LESLIE BERKMAN
Secomerica Inc. said Wednesday it has tentatively agreed to acquire a majority interest in Care Visions Corp., a Santa Ana-based pediatric health firm that provides services for medically dependent children through its Kangaroo Kids center. Under the proposed transaction, Secomerica, Newport Beach, will pay about $2.8 million for 55% of the shares of Care Visions Corp., which also provides home nursing and home infusion therapy to about 100 children throughout Southern California.
BUSINESS
November 1, 1989
Secomerica Inc., Newport Beach, said that a $50-a-share tender offer to acquire HMSS, a provider of in-home infusion therapy, has been completed. The company's subsidiary, Secomerica Acquisition Corp., acquired 4,777,487 shares of HMSScommon stock, or 99% of the total outstanding shares. The merger of HMSS and Secomerica Acquisition Corp. will be completed as soon as practical, Secomerica said. Secomerica provides commercial and residential security and emergency medical services.
BUSINESS
September 25, 1989 | NANCY YOSHIHARA, Times Staff Writer
In a move to further diversify into health-care services, Secomerica Inc., the Newport Beach parent of Westec Security Inc., said Sunday it reached an agreement to acquire H.M.S.S. Inc., a Houston home therapy firm, for about $255 million. Under an agreement signed this weekend, Japanese-owned Secomerica will begin a tender offer later this week to acquire all 5.1 million outstanding shares of H.M.S.S. for $50 per share.
BUSINESS
September 26, 1989 | LESLIE BERKMAN, Times Staff Writer
Hayden R. Miller was recuperating from triple bypass heart surgery this summer when he started to feel chills and fever. Instead of checking into a hospital for treatment of what turned out to be a heart valve infection, Miller was sent home with equipment and instruction on self-administering antibiotics. Three times a day the Riverside man inserted a needle-ended rubber tube into a catheter lodged in his arm and for 35 to 40 minutes pumped antibiotics into his body.
BUSINESS
August 4, 1994
Coram Healthcare Corp. said Wednesday that it plans to move to Boulder, Colo., within a year and build a headquarters there that will be staffed by 60 to 80 new employees. Coram, which specializes in providing intravenous drug remedies to patients at their homes, now has only four employees in its Newport Beach headquarters. The company was formed earlier this year in a merger among four companies, including Ontario-based Curaflex Health Services.
CALIFORNIA | LOCAL
November 17, 1990 | ERIC LICHTBLAU, TIMES STAFF WRITER
A Santa Ana day-care center, under legal attack for firing a nurse who had just returned last month from active duty in Germany with the National Guard, defended its actions Friday by saying the woman showed up for work two days later than scheduled. But attorneys for Capt. Debra M. Simpson, 35, of Tustin, labeled that explanation a poor excuse for the firing and said the company's action was a gross violation of federal and state laws protecting the jobs of activated reservists.
BUSINESS
August 1, 1995 | JILL LEOVY, TIMES STAFF WRITER
If the notion of a tray full of gleaming dental instruments doesn't sound appetizing, you're probably not a dentist. Dentists like their instruments, and some are willing to spend a bundle for them. So when a warp-speed dental instrument called an intra-oral camera hit the market six years ago, industry experts predicted it would be a blockbuster.
BUSINESS
September 26, 1989 | LESLIE BERKMAN, Times Staff Writer
Hayden R. Miller was recuperating from triple bypass heart surgery this summer when he started to feel chills and fever. Instead of checking into a hospital for treatment of what turned out to be a heart valve infection, Miller was sent home with equipment and instruction on self-administering antibiotics. Three times a day the Riverside man inserted a needle-ended rubber tube into a catheter lodged in his arm and for 35 to 40 minutes pumped antibiotics into his body.
BUSINESS
September 25, 1989 | NANCY YOSHIHARA, Times Staff Writer
In a move to further diversify into health-care services, Secomerica Inc., the Newport Beach parent of Westec Security Inc., said Sunday it reached an agreement to acquire H.M.S.S. Inc., a Houston home therapy firm, for about $255 million. Under an agreement signed this weekend, Japanese-owned Secomerica will begin a tender offer later this week to acquire all 5.1 million outstanding shares of H.M.S.S. for $50 per share.
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