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Medical Diagnostics, Inc. (NASDAQ) is a provider of diagnostic imaging services through a network of magnetic resonance imaging centers |
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Raytel Medical Corp. (NASDAQ) launched an unsolicited tender offer to acquire Medical Diagnostics |
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Medical Diagnostics retained TM Capital as financial advisor to develop alternatives to the Raytel offer |
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TM Capital negotiated the $29 million sale of Medical Diagnostics to Advanced NMR Systems Inc. (NASDAQ) |
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TM Capital also arranged $15 million of senior financing in connection with this transaction |
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