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BUSINESS
April 9, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
A New York-based investment group has agreed to pay $6 million to acquire 28% of the common stock of American Health Services Corp. as well as options to buy 85% of the firm's preferred stock. American Health, headquartered in Newport Beach, operates medical diagnostic imaging centers. According to a document filed Monday with the Securities and Exchange Commission, all the stock would be purchased from Harpener AG, a German firm that until recently was controlled by OmniCorp.
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BUSINESS
April 9, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
A New York-based investment group has agreed to pay $6 million to acquire 28% of the common stock of American Health Services Corp. as well as options to buy 85% of the firm's preferred stock. American Health, headquartered in Newport Beach, operates medical diagnostic imaging centers. According to a document filed Monday with the Securities and Exchange Commission, all the stock would be purchased from Harpener AG, a German firm that until recently was controlled by OmniCorp.
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BUSINESS
April 13, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
A New York investment group that had an option to buy 28% of American Health Services Corp. by paying $3.2 million for the company's preferred stock decided not to proceed with the transaction, an American Health official said late Friday. E. Larry Atkins, president and chief executive, said an attorney for Siegler, Collery & Co.
BUSINESS
July 30, 2003 | From Dow Jones/Associated Press
FrontPoint Partners, the Greenwich, Conn., investment firm founded by former executives of Tiger Management and Soros Fund Management, is acquiring money manager Ivory Capital Group of Santa Monica. Financial terms of the deal weren't disclosed, but FrontPoint plans to launch two hedge funds -- the firm's sixth and seventh funds -- that will be managed by Ivory Capital executives. Ivory Capital's existing clients are expected to move their money to the new funds.
BUSINESS
May 1, 1997 | CLAUDIA ELLER, TIMES STAFF WRITER
Universal Pictures said it is acquiring a majority interest in New York-based specialty movie distributor October Films, which released such critically acclaimed titles as "Secrets and Lies" and "Breaking the Waves" as well as the box office flop "Lost Highway." The acquisition would put the last of the significant independent film companies in the hands of the Hollywood majors.
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