PacifiCare to Buy American Medical
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PacifiCare Health Systems Inc. , one of the biggest Medicare plan providers, said on Wednesday it has agreed to buy health-care benefits provider American Medical Security Group Inc. for &#36;502 million to expand its product offerings to individuals and small businesses.
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By C. Grant Jackson, The State, Columbia, S.C.  Feb. 10--GREENVILLE -- Span-America Medical Systems declared a dividend of $0.08 per share payable March 5 to shareholders of record Feb. 19. The dividend is a 33 percent increase from the previous quarter.
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American Medical Security Group will become a subsidiary of PacifiCare Health Systems of Cypress, Calif., the two companies announced Wednesday.
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Hyatt Corp. on Thursday said it agreed  to buy AmeriSuites, an upscale limited-service hotel chain that  it hopes will complement its full-service portfolio.
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Dutch Philips Electronics  said on Friday it is to buy U.S. medical products company Respironics for 3.6 billion euros ($5.17 billion) or $66 per share to strengthen its healthcare business.
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Sonic Healthcare Ltd., Australiaâs top pathology group, said Friday it had agreed to buy Sunrise Medical Laboratories.
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Advanced Medical Optics Inc.  has offered to buy larger eye-care company Bausch & Lomb Inc.  for $4.23 billion, topping a rival offer of $3.67 billion from private equity firm Warburg Pincus , the two companies said on Thursday.
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U.S. antitrust authorities said on   Tuesday they had approved plans by Lockheed Martin Corp.   LMT.N to buy privately held military support and training   company Pacific Architects and Engineers Inc.
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EADS North America has bought Racal Instruments Inc., a designer, manufacturer and marketer of electronic tests and measurement equipment based in Irvine, for $105 million.
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US buyout fund Carlyle Group will pay $400m ($206m) for a 25% stake in insurance company China Pacific Life,  in the country's biggest  private equity deal yet.
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Manor Care Inc. &lt;HCR.N&gt;, the largest U.S. owner of nursing homes, on Monday said it agreed to be acquired by Carlyle Group for $4.9 billion, the latest health-care provider taken off the public market by a private equity buyer.
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Archipelago Holdings, the owner of ArcaEx, the largest electronic stock market, is expected to buy the Pacific Exchange for about $50 million.
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PacifiCare Health Systems Inc. said Wednesday it may look to expand in Wisconsin after completing its purchase of American Medical Security Group Inc.
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Philips plans to buy U.S. home  medical equipment maker Respironics Inc for $5.1 billion, its  largest deal to date in an aggressive expansion in the  fast-growing healthcare sector.
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UnitedHealth Group Inc., the nation&#39;s largest health insurer, is buying privately-held benefits provider Definity Health Corp.
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Yesterday, the company increased its Asian-Pacific market share with the purchase of Tech Pacific.
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PacifiCare Health Systems Inc. will pay $502 million to buy all outstanding shares of common stock of American Medical Security. Under the terms of the merger agreement, Cypress-based PacifiCare will pay $32.