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Nutraceutical Clinical Laboratories International -- NCLII -- Announces the Sale of American Medical Specialities, Inc.

Publication: Business Wire
Publication Date: 21-AUG-02
Format: Online - approximately 432 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors/Medical Writers

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Aug. 21, 2002

Nutraceutical Clinical Laboratories International, Inc. (OTCBB:NCCL) announced today that it has sold its majority interest ownership in American Medical Specialties, Inc. (AMS) effective August 1, 2002. Specifics of the transaction were not disclosed other than the deal consisted of a combination of stock, debt forgiveness, and cash.

"The divestiture of our ownership in AMS...

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