Novacare Tries to Sell More Units

Leibs, Anthony
August 1999
Mergers & Acquisitions Report;08/30/99, Vol. 12 Issue 35, p5
Focuses on NovaCare Incorporated's restructuring plan in which it will sell assets and possibly liquidate. Its investment advisors; Plan to sell its outpatient physical rehabilitation occupational health (PROH) business; Bidder for PROH; Remarks from Kevin Caliendo of Forum Capital Market on the company's debt; What the restructuring or liquidation proceedings require; Financial performance of NovaCare in 1999.


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