After months of delays, the proposed merger of radiology center operator Radiologix with an affiliate of investment firm Saunders Karp & Megrue (SKM) has been terminated by SKM. As a result, Radiologix will remain a public company and will continue to trade on the American Stock Exchange, the firm said today. Dallas-based Radiologix also reiterated its fiscal 2001 forecast of service-fee revenue of $265 million to $275 million, with earnings before interest, taxes, depreciation, and amortization (EBITDA) of $67 million to $70 million.
By AuntMinnie.com staff writersApril 26, 2001
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Radiologix extends purchase deadline, January 3, 2001
Radiologix deal hits snag, December 1, 2000
Investment firm nears Radiologix buy, November 23, 2000
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