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Syncare Inc

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BUSINESS
October 11, 1996
ARV Assisted Living Inc. completed its acquisition of health services provider SynCare Inc. for $1.2 million of stock. ARV said it issued 85,146 new shares valued at $13.75 a share, the company's closing stock price on Aug. 19. SynCare, based in Newport Beach, offers physical, occupational and speech therapies, primarily to residents of assisted living facilities. The company had about $4.8 million of revenue in its fiscal year ended June 30. ARV operates assisted living facilities.
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BUSINESS
October 11, 1996
ARV Assisted Living Inc. completed its acquisition of health services provider SynCare Inc. for $1.2 million of stock. ARV said it issued 85,146 new shares valued at $13.75 a share, the company's closing stock price on Aug. 19. SynCare, based in Newport Beach, offers physical, occupational and speech therapies, primarily to residents of assisted living facilities. The company had about $4.8 million of revenue in its fiscal year ended June 30. ARV operates assisted living facilities.
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BUSINESS
August 8, 1996 | JOHN O'DELL, TIMES STAFF WRITER
In a move to expand the services it markets directly to its clients, fast-growing ARV Assisted Living Inc. said Wednesday it plans to buy a privately owned therapy provider based in Newport Beach. The proposal calls for ARV to acquire SynCare Inc. for 70,000 shares of restricted ARV stock. At current trading prices, the deal appears to be worth about $1 million, although ARV officials say the actual value won't be known until the deal closes in the fall.
BUSINESS
August 8, 1996 | JOHN O'DELL, TIMES STAFF WRITER
In a move to expand the services it markets directly to its clients, fast-growing ARV Assisted Living Inc. said Wednesday it plans to buy a privately owned therapy provider based in Newport Beach. The proposal calls for ARV to acquire SynCare Inc. for 70,000 shares of restricted ARV stock. At current trading prices, the deal appears to be worth about $1 million, although ARV officials say the actual value won't be known until the deal closes in the fall.
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