OTHER NEWS - Aug. 25, 1992
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From Times Staff and Wire Reports
Rx Medical to Acquire Laboratory Rx Medical Services Corp., a Newport Beach-based holding company for medical testing laboratories, said that it has agreed to acquire Lawrence Medical Laboratory in Monrovia for an undisclosed amount. Rx Medical said that the acquisition, its 17th in the past 18 months, will increase its revenue to more than $22.5 million annually. On the American Stock Exchange, the company’s stock fell 25 cents a share to close at $4.38.
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