MedPartners PhyCor call off merger plans

Article Abstract:

PhyCor and MedPartners, the US' two largest physician management firms, have called off their planned merger. The companies, citing strategic and management differences, claim that the decision to cancel the deal was mutual, but their quarterly financial statements suggest that deeper problems may have led to the deal's termination. MedPartners announced Jan 7, 1998, that it would take a $115 million pretax charge for 1997's fourth quarter.

Management services, Medical Management Services, Office Administrative Services, Mergers, acquisitions and divestments, Health care industry, PhyCor Inc., Caremark Therapeutic Services, MPTR, PHYC

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Succession insurance strategies

Article Abstract:

Entrepreneurs who want to hand down the success of their business to relatives must ensure that their life insurance coverage conform to federal estate rules. Under the new policies, estates passed to higher generations must be charged with the appropriate government taxes.

Taxation, Laws, regulations and rules, Life insurance, Estate planning, Family-owned business enterprises, Family-owned businesses

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The chutney solution

Article Abstract:

Leftover vegetables and fruits present opportunities for cooking and canning homemmade chutneys. Recipes include ginger-peach; tomato-pear; and pudina-mint chutneys.

Recipe, Recipes and menus, Chutney

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