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BUSINESS
November 21, 1991 | JOHN O'DELL
Abbey Home Healthcare said Wednesday that it has wrapped up a recapitalization deal that slashed the company's debt and boosted its equity by nearly $40 million. As part of the recapitalization, VenTech Healthcare Corp., a publicly traded holding company in Toronto, Canada, has reduced its equity ownership of Abbey to 29%, from 57%.
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BUSINESS
November 21, 1991 | JOHN O'DELL
Abbey Home Healthcare said Wednesday that it has wrapped up a recapitalization deal that slashed the company's debt and boosted its equity by nearly $40 million. As part of the recapitalization, VenTech Healthcare Corp., a publicly traded holding company in Toronto, Canada, has reduced its equity ownership of Abbey to 29%, from 57%.
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BUSINESS
December 29, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
Abbey Healthcare Group Inc., one of Orange County's largest home health-care agencies, said Monday that it has bought back more than a million of its shares owned by an institutional shareholder. The purchase of 1.1 million shares of common stock owned by Toronto-based NWE Capital Corp., formerly VenTech Healthcare Corp., for $11.6 million, or $10.50 a share, marked the second time this year that Abbey Healthcare has bought out a major shareholder.
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