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American Medical Merger Completed: A private investor...

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From Times Staff and Wire Reports

American Medical Merger Completed: A private investor group, which acquired American Medical International last October, said it completed a merger of the Beverly Hills-based hospital management concern with its holding company. AMI was purchased for $1.67 billion by the investor group jointly owned by First Boston Corp., current AMI Chairman Harry J. Gray and Mel Klein & Partners. AMI became a wholly owned subsidiary of American Medical Holdings Inc.

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