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Choice Drug Systems

Executive Summary

Inwood, New York-based firm announces its interest in "acquiring a company with annual revenues of approximately $ 27 mil., which provides pharmaceuticals and pharmacy services to long-term care facilities." Choice also said that the parent company of the proposed purchase candidate "is currently reorganizing under federal bankruptcy laws." In a related move, board member Jack Robbins resigned "citing disagreement with management's policies".
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PS016130

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