Steel Partners to support MICA sale

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The sale of San Diego-based Medical Imaging Centers of Americato U.S. Diagnostic of West Palm Beach, FL, now has the imprimaturof Steel Partners, the group of MICA shareholders whose rebellionearlier this year prompted MICA to search for a corporate

The sale of San Diego-based Medical Imaging Centers of America

to U.S. Diagnostic of West Palm Beach, FL, now has the imprimatur

of Steel Partners, the group of MICA shareholders whose rebellion

earlier this year prompted MICA to search for a corporate partner

(SCAN 7/31/96). Steel Partners chairman Warren Lichtenstein said

this month that the New York City investment group, which holds

19.6% of MICA stock, will vote to approve USDL's offer. MICA shareholders

are scheduled to vote on the acquisition at a Nov. 6 shareholder

meeting.

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