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BUSINESS
April 20, 1993
Universal Self Care Inc., a Van Nuys-based operator of centers for diabetics, has a tentative agreement to acquire Price Rite Diabetes Centers in San Diego. The price was not disclosed. The companies' outlets provide diabetics with medical equipment, supplies and other services, and Universal said the proposed purchase of Price Rite is part of its planned expansion in California.
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BUSINESS
April 20, 1993
Universal Self Care Inc., a Van Nuys-based operator of centers for diabetics, has a tentative agreement to acquire Price Rite Diabetes Centers in San Diego. The price was not disclosed. The companies' outlets provide diabetics with medical equipment, supplies and other services, and Universal said the proposed purchase of Price Rite is part of its planned expansion in California.
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BUSINESS
December 29, 1992 | DON LEE, TIMES STAFF WRITER
Taking advantage of investors' appetite for small stocks, a pair of obscure companies in the region turned to Wall Street earlier this month for capital, each raising about $5 million. But in both cases, underwriters' fees and other expenses ate up 20% of the proceeds, a figure analysts said was high and undercut the value of the deal to investors. One firm, Universal Self Care Inc., a Van Nuys retailer of medical products for diabetics, has never been profitable.
BUSINESS
December 29, 1992 | DON LEE, TIMES STAFF WRITER
Taking advantage of investors' appetite for small stocks, a pair of obscure companies in the region turned to Wall Street earlier this month for capital, each raising about $5 million. But in both cases, underwriters' fees and other expenses ate up 20% of the proceeds, a figure analysts said was high and undercut the value of the deal to investors. One firm, Universal Self Care Inc., a Van Nuys retailer of medical products for diabetics, has never been profitable.
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