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Firms Consider Deal: Abbey Healthcare Group Inc....

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Firms Consider Deal: Abbey Healthcare Group Inc. and a Torrance company that it plans to acquire said Friday that their shareholders will meet separately Nov. 3 to vote on the proposed sale for stock and cash valued at $195 million.

Abbey, a Costa Mesa company that provides in-home health-care products and services, and Total Pharmaceutical Care Inc. said they have started mailing information to shareholders to seek approval for the deal.

Abbey is offering $19 in cash and $4 worth of Abbey stock for each share of Total stock.

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