Allegheny Pharmacal acquired
Executive Summary
The mfr./distributor of H&BAs and phenylpropanolamine OTC diet aids with $10 mil. in 1983 sales to be purchased by Catheter Corp. of America in stock swap valued at $5 mil. Catheter Corp. is a start-up venture specializing in the mfr. of thermal dilution catheters. After transaction Catheter will have 90% equity position in Allegheny.