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===== Guesses =====

**SH:** R.P. Scherer Corp. said that a 10.2 million $ sale __to__ its subsidiary Southern Optical was completed __by__ a group led by president Thomas R. Sloan and other managers. The maker of gelatin capsules decided to divest from non-encapsulating business after the acquisition of R.P. Scherers Group by a __group buy-out__ led by Shearson Lehman Hutton earlier this year. __Sale program of Southern Optical__.

**CB:** RP Scherer Corp. said that they completed the sale of their subsidiary Southern Optical for $10.2 million to a group lead by Thomas R. Sloan, unit president, and another __manager__.  The gelatin capsule maker decided to divest non-encapsulating business the after the acquisition of RP Scherer in the group buy-out lead by Shearson Lehman Hutton. //Sentence 3 missing//.

**SM:** R.P. Scherer Corp. said they have completed a sale of Southern Optical subsidiary for $ 10.2 million to a group led by Thomas R. Sloan, the unit president and other managers. R.P. Scherer Corp., a maker of gelatin capsules, decided to divest non-encapsulating business. Earlier this year an acquisition of R.P. Scherer Corp. //??// group buy-out lead by Shearon Lehman Hutton //??//. __The program is part of Southern Optical sale__.

===== Original Article =====

R.P. Scherer Corp. said it completed the $ 10.2 million sale of its Southern Optical subsidiary to a group led by the unit's president, Thomas R. Sloan, and other managers. Following the acquisition of R.P. Scherer by a buy-out group led by Shearson Lehman Hutton earlier this year, the maker of gelatin capsules decided to divest itself of certain of its non-encapsulating businesses. The sale of Southern Optical is a part of the program.