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U.S. Surgical

This article was originally published in The Gray Sheet

Executive Summary

Firm completes negotiations "on a $200 mil. investment through a transaction exempt from registration" with the Securities and Exchange Commission. In mid-February, the company announced that it retained Kidder Peabody & Co. "to examine its strategic alternatives, including equity investments to improve the company's financial position" ("The Gray Sheet" Feb. 21, I&W- 1). Further details on the financing will be released on March 28
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