Option Care Announces Transfer of Common Stock Held By E.J. Financial/OCI Management, L.P.
Posted on: Thursday, 10 August 2006, 18:00 CDT
Option Care, Inc. (Nasdaq:OPTN) was informed today by John N. Kapoor, Ph.D., its Chairman of the Board of Directors, that effective as of July 31, 2006, E.J. Financial/OCI Management L.P., a family limited partnership controlled by John N. Kapoor, Ph.D, for estate planning reasons, dissolved and distributed the shares of Common Stock pro rata held by it to various trusts created by John N. Kapoor, Ph.D. and administered by an third party trustee for the benefit of various family members. Based on SEC filings, John N. Kapoor, Ph.D. will continue to beneficially own 3,305,173 shares of Common Stock and the family trusts will own 4,263,878 shares of Common Stock.
About Option Care
For more than 25 years, Option Care, Inc. has made patients' lives easier with a full range of healthcare services outside the hospital setting, working with more than 400 payor organizations representing more than 75 million Americans. With the largest home infusion and specialty pharmacy footprint in the industry, Option Care offers treatment nationwide to patients in their homes, physician offices or other alternate sites, including ambulatory treatment centers. Services are provided by highly skilled, clinical professionals from 113 pharmacy locations.
Source: Business Wire
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