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S.H.: 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.
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.
by Intelligent Information and Communication Systems Department of FernUniversität in Hagen.