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Med Surg Specialties Acquired in Stock Swap

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(Dow Jones)

A Glendale company said Thursday that it has acquired Med Surg Specialties Inc. in an exchange of stock. Further terms weren’t disclosed.

Medical Resources Management Inc. said that Med Surg will be integrated into its Physiologic Reps Inc. unit.

Med Surg, with revenue of about $1 million last year, provides mobile laser and surgical services in the Orange County area. Medical Resources, which posted revenue of $6.7 million last year, rents and sells medical equipment.

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