In Brief: Lifequest Medical
This article was originally published in The Gray Sheet
Executive Summary
Lifequest Medical: Acquires GM Engineering, a privately held firm which manufactures surgical instruments for use in minimally invasive surgery, for 350,000 shares of Lifequest common stock. GME, which recorded sales of about $1 mil. in fiscal year 1995, was merged into Lifequest Endoscopic Technologies, a newly formed Lifequest subsidiary. The firm plans to expand its MIS business through "internal growth and acquistions"...