First Financial Management Corp. Completes Acquisition of Alta Health Strategies Inc
First Financial Management Corp. (FFMC) (NYSE:FFM) Thursday announced the completion of the acquisition of ALTA Health Strategies Inc. (ALTA). ALTA shareholders approved the transaction March 31. ALTA shareholders are receiving total consideration of $115 million in a taxable transaction, consisting...
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| Published in | Business Wire p. 1 |
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| Main Authors | , , |
| Format | Newsletter |
| Language | English |
| Published |
New York
Business Wire
02.04.1992
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| Subjects | |
| Online Access | Get full text |
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| Abstract | First Financial Management Corp. (FFMC) (NYSE:FFM) Thursday announced the completion of the acquisition of ALTA Health Strategies Inc. (ALTA). ALTA shareholders approved the transaction March 31. ALTA shareholders are receiving total consideration of $115 million in a taxable transaction, consisting of $60 million in cash and the balance in shares of FFMC common stock. Ninety-four and one-half percent of ALTA shareholders elected to receive cash, resulting in a proration with respect to cash elections. (excerpt) |
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| AbstractList | First Financial Management Corp. (FFMC) (NYSE:FFM) Thursday announced the completion of the acquisition of ALTA Health Strategies Inc. (ALTA). ALTA shareholders approved the transaction March 31. ALTA shareholders are receiving total consideration of $115 million in a taxable transaction, consisting of $60 million in cash and the balance in shares of FFMC common stock. Ninety-four and one-half percent of ALTA shareholders elected to receive cash, resulting in a proration with respect to cash elections. (excerpt) |
| Author | Sharp, Donald Y Thomas, Patrick H Schachner, E.D.M. |
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| Copyright | Copyright Business Wire Apr 02, 1992 |
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| Snippet | First Financial Management Corp. (FFMC) (NYSE:FFM) Thursday announced the completion of the acquisition of ALTA Health Strategies Inc. (ALTA). ALTA... |
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| Title | First Financial Management Corp. Completes Acquisition of Alta Health Strategies Inc |
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