$56.3-Million Tender Offer Made for La Palma Firm
From States News Service
CTFG Acquisition Corp. has made a $9.75-a-share tender offer for Alliance Imaging Inc., a La Palma-based maker of mobile diagnostic imaging equipment.
According to a filing with the Securities and Exchange Commission, CTFG Acquisition, owned by Richard N. Zehner and Donaldson, Lufkin & Jenrette Securities, expects the buyout to cost $56.3 million. CTFG Acquisition does not have plans to make any extraordinary transactions to the company.
The offer is contingent upon CTFG receiving 51% of Alliance Imaging shares before Nov.7.
