Navigation Links
Air Methods Completes Acquisition of FSS Airholdings, Inc., Parent Company of CJ Systems Aviation Group, Inc.
Date:10/1/2007

DENVER, Oct. 1 /PRNewswire-FirstCall/ -- Air Methods Corporation (Nasdaq: AIRM), the largest air medical transportation company in the world, announced today that the Company has completed its acquisition of 100% of the outstanding common stock of FSS Airholdings, Inc. (parent company of CJ Systems Aviation Group, Inc., or "CJ") based in Pittsburgh, PA. The transfer of ownership was effective today at 12:01 a.m.

The final cash purchase price was $25 million and was primarily financed through a new five-year, $50 million term loan and a new five-year, $50 million line of credit with a commercial bank group. The term loan and line of credit bear floating interest rates at Prime, which is currently 7.75%. The existing Air Methods term loan and CJ indebtedness were paid off with the proceeds from these new lending facilities as well.

Mr. Aaron Todd, Chief Executive Officer of Air Methods, stated, "We are extremely pleased to have completed this acquisition on the original anticipated closing date. Initial feedback regarding this business combination from customers and communities served by both Air Methods and CJ has been very favorable overall. We now look forward to realizing the many benefits this acquisition will create for our customers, employees, and investors."

Air Methods Corporation (http://www.airmethods.com) is a leader in emergency aeromedical transportation and medical services. The Hospital Based Services Division is the largest provider of air medical transport services for hospitals. The Community Based Services Division is the largest community-based providers of air medical services. The Products Division specializes in the design a
'/>"/>

SOURCE Air Methods Corporation
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Adopting Easier Methods To Screen Insulin Resistance
2. New methods to prevent injury of patients
3. Methods to have a flat stomach
4. Bioengineering production strains - Microbia develops new methods
5. Easier Methods Required to Screen Insulin Resistance
6. Easier Methods Required to Screen Insulin Resistance
7. Accuracy of Some Natural Family Planning Methods Questioned .
8. The weight loss reality check – Do Fad diets and short-cut methods actually work
9. Researchers Have Found New Methods To Treat Parkinson’s Diseas
10. US Thinks About The Alternative Methods To Combat Bird Flu
11. Researchers Opts For Better Screening Methods For Detecting Ovarian Cancer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2015)... Carolina (PRWEB) , ... July 29, 2015 , ... One ... nails in an assisted nursing facility, but that’s exactly what was happening on the ... to the facility are 3- and 4-year-olds from Kids Only , a five-star ...
(Date:7/28/2015)... (PRWEB) , ... July 29, 2015 , ... ... Susan Bentley as a 2015-2016 inductee into its VIP Woman of ... healthcare. NAPW is the nation's leading networking organization exclusively for professional women, boasting ...
(Date:7/28/2015)... ... July 28, 2015 , ... ProFont is back with a whole ... With ProFont: Cursive users can generate a hand drawn feel all with a click ... Users can select from either the upper and lowercase alphabet, special characters, numbers, and ...
(Date:7/28/2015)... MA (PRWEB) , ... July 28, 2015 , ... ... look, user-friendly navigation, portal to access industry practices, consumer education, resource library, floor ... has visitors from around the globe and offers regular posts with valuable links ...
(Date:7/28/2015)... ... July 28, 2015 , ... Darryl Worley’s Annual Tennessee ... the 14th year of raising money for the Darryl Worley Foundation. Worley will ... year’s main concert Saturday, Oct. 3. , This year’s concert will have a ...
Breaking Medicine News(10 mins):Health News:North Carolina Retirement Community Re-Launches Intergenerational Programming with Onsite Daycare Center 2Health News:North Carolina Retirement Community Re-Launches Intergenerational Programming with Onsite Daycare Center 3Health News:North Carolina Retirement Community Re-Launches Intergenerational Programming with Onsite Daycare Center 4Health News:National Association of Professional Women Inducts Susan Bentley, Owner of Women's Wellness Options, Into its VIP Woman of the Year Circle 2Health News:Announcing ProFont Cursive from FCPX Effects developer Pixel Film Studios 2Health News:Triumph Modular Launches Refreshed Modular Building Industry Website 2Health News:Worley’s 14th Tennessee River Run Will Host Wade Hayes, Lorrie Morgan, Tracy Lawrence and Others 2Health News:Worley’s 14th Tennessee River Run Will Host Wade Hayes, Lorrie Morgan, Tracy Lawrence and Others 3
... losing the battle against senility since a group of ... effective drug to retard the aging process. ,Li ... scientists, said he and his colleagues have detected the existence, ... grape-stones, which cannot be produced by the human body.// ...
... reports from the US suggest that acupuncture is at ... of hard evidence on the safety of complementary and ... provide one of the first serious safety assessments on ... out acupuncture agreed to record any adverse events occurring ...
... it robs individuals of their bone strength without showing any ... and break easily, affects women and men, nearly half of ... eight men over age 50 will have an osteoporotic fracture ... can lead to chronic pain, loss of independence and, in ...
... goes - you are what you eat! Experts have now ... - they may be diet and vitamin-related. ,A ... E and folic acid, is detrimental to skin. One of ... the most common: C.// As one of three anti-oxidants, Vitamin ...
... new study suggests that flaxseed lowers female hormone levels and ... used for thousands of years - the fibres to make ... are rich in lignans, which resemble the female hormone oestrogen.// ... cancer and lignans may lower levels by blocking oestrogen synthesis. ...
... from the Mayo Clinic in Rochester, Minnesota Vitamin E is ... with hot flashes. Estrogen relieves hot flashes in most ... survivors because the hormone may stimulate breast cancer growth.// ... flashes and other symptoms of menopause, and is approved for ...
Cached Medicine News:
(Date:7/28/2015)... , July 28, 2015  For many medical ... researchers, physicians and other inventors can be a constant ... is difficult, and successes are rare. A ... to change that. Medical Device Investments (MDI) ... from universities, hospitals and physicians. MDI develops, manufactures and ...
(Date:7/28/2015)... , July 28, 2015  Leaf Healthcare ... that pressure ulcers place on the healthcare system ... leading threat to modern quality healthcare. Research by ... Agency for Healthcare Research and Quality shows that ... than $11 billion a year. The condition is ...
(Date:7/28/2015)... Mike Rowe , spokesperson and reality television personality, will ... 2015 ThoughtSpot conference and tradeshow, which runs from ... Nev. Best known for his ... Channel,s, "Dirty Jobs," Mr. Rowe spent a decade traveling across ... whose hard work, sacrifice and value aren,t always recognized. Prior ...
Breaking Medicine Technology:Medical Device Investments To Become Center Of Excellence For The Commercialization Of Innovative Medical Technologies 2Impact of Pressure Ulcers on Patient Care: Leaf Healthcare Releases White Paper on the Healthcare Burden of Pressure Ulcers 2Impact of Pressure Ulcers on Patient Care: Leaf Healthcare Releases White Paper on the Healthcare Burden of Pressure Ulcers 3Mike Rowe to Address Community Pharmacists at ThoughtSpot 2015 2
... 20, 2011 Prasco Laboratories , announced today it ... Lilly and Company (NYSE: LLY ) to ... ZYPREXA® ZYDIS (olanzapine) Orally Disintegrating Tablets, in the U.S. ... the first ANDA entrant into the market.  Prasco will market ...
... Hill-Rom Holdings, Inc., (NYSE: HRC ) invites ... Credit Suisse,s 2011 Healthcare Conference in Phoenix on November ... are invited to listen to the live discussion via ... it directly at http://cc.talkpoint.com/cred001/110911a_ah/?entity=1_CIKQF3F .  A recorded replay ...
Cached Medicine Technology:Prasco® Selected as Eli Lilly and Company's Authorized Generics Partner 2
Irrigating Cystotome, Straight, 25 g. Overall length 15 mm. 5/box....
Irrigating Cystotome, formed, 25 g., 12 mm curved tip. Overall length 14 mm. 5/box....
Scleral Blade tip 5700 style, straight. Dimensions: 15.2 mm (L) x 3.4 mm (W). Cut: 2.7 mm....
Needle Knife, straight, full handle, non-reflective, 0.74 mm width....
Medicine Products: