In Brief: Healthcare Acquisition Corp./Encore
This article was originally published in The Gray Sheet
Executive Summary
Healthcare Acquisition Corp./Encore: HAC signs letter of intent to acquire Austin, Texas-based Encore Orthopedics, Encore announces Oct. 17. Under terms of the deal, HAC would make a "significant" investment in Encore and shareholders of Encore would become controlling shareholders of HAC. Encore plans to use the capital infusion to expand its core business through future company or product acquisitions...