HEALTH CARE
Times Staff and Wire Reports
Shareholders OK $4.4-Billion Dialysis Merger: W.R. Grace & Co. and Fresenius USA Inc. said shareholders of both companies approved the merger of their dialysis businesses to create Fresenius Medical Care. W.R. Grace’s National Medical Care unit will be combined with Fresenius’ dialysis business in a tax-free transaction, while its plastic packaging and specialty chemicals business is spun off to Grace shareholders as the “new” Grace.
