Daily News logo Newsletter logo   Search News    

Inpatient Clinical Solutions, Inc. Signs Definitive Agreement to Sell Assets and Announces Special Meeting of Stockholders to Be Held on February 27, 2012

  Share This Story

CORAL SPRINGS, Fla., Feb. 14, 2012 /PRNewswire/ -- Inpatient Clinical Solutions, Inc. (OTC Pink: INPT) announced today that it has signed a definitive agreement to sell its acute care practice to IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), a leading national physician group practice company. A Special Meeting of Stockholders (the "Special Meeting") of Inpatient Clinical Solutions, Inc. will be held on Monday, February 27, 2012 at 11:00 a.m., local time, at the Hilton Deerfield Beach, which is located at 100 Fairway Drive, Deerfield Beach, FL 33441 for the following purposes:

1. to consider and vote upon a proposal to approve the Asset Purchase Agreement, dated as of February 13, 2012 pursuant to which the acquirors will purchase substantially all of the assets of the Company, all on and subject to the terms and conditions contained in the Asset Purchase Agreement.

2. to consider and vote upon a proposal to approve an amendment to the Company's Articles of Incorporation in which: (a) the Company's name will be changed to Integrated Inpatient Solutions, Inc. and (b) the number of shares of common stock which the Company will be authorized to issue will be increased from 50,000,000 to 100,000,000.

3. to consider and vote upon a proposal to adjourn the Special Meeting if necessary or appropriate, including to solicit additional proxies for the proposals to be acted upon at the Special Meeting in the event there are insufficient votes at the time of the Special Meeting or any adjournment thereof to approve one or more of the proposals; and

4. to transact such other business as may properly come before the Special Meeting and any adjournment or postponement thereof.

The foregoing items of business are more fully described in a proxy statement which is being distributed to shareholders on or about February 14, 2012.

The Board of Directors has fixed the close of business on February 10, 2012 as the record date for the determination of holders of the Company's common stock and preferred stock entitled to notice of, and to vote at, the Special Meeting and any adjournment or postponement thereof. A list of stockholders entitled to vote at the Special Meeting shall be open for the examination of any stockholder, for any purpose relevant to the Special Meeting, during ordinary business hours, for a period of at least ten days prior to the Special Meeting, at the Company's principal executive offices located at 7551 Wiles Road, Suite 104, Coral Springs, Florida 33067.

SOURCE Inpatient Clinical Solutions, Inc.



 
Support Wikipedia

NeswBlaze top writers

Find more stories recommended by Stumbleupon.

newsletter logo

What's Hot?
1 .Supermodel Bar Refaeli Adorns the Cover of the 2009 Sports Illustrated Swimsuit Issue on Newsstands Today! - 105
2 .Breaking News: Cannes Film Festival Awards 2012 - 78
3 .Calling All Military Supporters: a Supporter Needs Your Vote to Win a Grant - 68
4 .Is It Coincidental We Have Another Missing Petite Blonde Coed, Mickey Shunick? - 38
5 .Give a Great Valedictorian Speech - Joey Asher - 33
6 .Round up of iPhone 5 Rumors From the Armenante Apple News Blog - 34
7 .Waterless 'Air Cooler PLUS' Beats Summer's Heat Without Making Your Home Muggy - 38
8 .These 10 Comfortable Walking Shoes Are a Step in the Right Direction - 30
9 .Ethiopia Celebrates Downfall of the Derg Day - 26
10 .Very Young Girls Movie Review: Sex, Class and Ho Daddies - 25
Updated: 14:15 PDT     3675

NewsBlaze Editors

editors

NewsBlaze Writers

news writer images

Writers Wanted

Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer

Follow NewsBlaze

NewsBlaze Social Media Logos NewsBlaze Facebook NewsBlaze LinkedIn NewsBlaze Twitter NewsBlaze YouTube NewsBlaze MySpace NewsBlaze Fan Page NewsBlaze StumbleUpon NewsBlaze Political Cartoons NewsBlaze Editorial Cartoons
NewsBlaze 
Copyright © 2004-2012 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice |         Press Room