Steel Partners to support MICA sale
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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