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Universal Self Care, Inc. Announces Sale of its Operating Assets
Livonia, Mich. November 17 -- Universal Self Care, Inc. (Nasdaq USCI) today announced the signing of a definitive agreement, subject to shareholder approval, to sell substantially all of its assets Under terms of the agreement, closely held Gainor Medical Management, LLC will acquire the operating assets of Universal Self Care, including the stock of its two principal operating subsidiaries- Diabetes Self Care, Inc. and USCI Healthcare Management Solutions, Inc The sale price is approximately $37 million in a combination of cash and a note