Unilab to Buy Physicians Clinical Laboratory

Unilab Corp., Tarzana, has agreed to purchase Physicians Clinical Laboratory for $36 million in cash and stock, a company spokesman said.

Unilab will acquire approximately $12 million in assets including PCL’s client list and trade accounts receivable, and will assume $4 million in debts.

Unilab Corp. provides clinical laboratory testing services with more than 250 facilities in California.