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Berman Center, Inc. Completes Equity Financing and Merger with LB Center, Inc.; Specialized women's health lifestyle center goes public to spur growth, fulfill mission.

Publication: Business Wire
Publication Date: 16-JUN-05
Format: Online - approximately 832 words
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Berman Center, Inc., a broad based lifestyle company focused on women's sexual health, well being and menopause management, announced today that it has completed a merger with a wholly-owned subsidiary of LB Center, Inc. (OTC:LBCT.PK). LB Center is a company with shares publicly quoted on the Pink Sheets Electronic Quotation Services. In connection with the merger, Berman Center also completed an equity financing through a private placement of its common stock by Hunter World Markets, Inc. of Beverly Hills, California to support the Berman Center's expansion program.

According to Dr. Laura Berman, President of the Chicago-based Berman Center, the financing and merger transaction represents an opportunity to achieve the company's vision. "Our decision to move forward with this transaction was driven...

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