Sept 1 (Reuters) - Transcend Services Inc:
* Announces completion of acquisition of medical dictation services, inc.; new
credit facility with Regions bank
* Says entered into a new credit facility of a revolving loan of up to $5.0
million
* Says facility also for four-year, $7.0 million term loan to help fund the mdi
acquisition
* Says acquisition to have almost no impact on earnings per share in Q3
* Says new credit facility replaces a credit facility which was to expire in
December 2009
* Says deal accretive to earnings per share beginning in Q4
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces completion of acquisition of medical dictation services, inc.; new
credit facility with Regions bank
* Says entered into a new credit facility of a revolving loan of up to $5.0
million
* Says facility also for four-year, $7.0 million term loan to help fund the mdi
acquisition
* Says acquisition to have almost no impact on earnings per share in Q3
* Says new credit facility replaces a credit facility which was to expire in
December 2009
* Says deal accretive to earnings per share beginning in Q4
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.