American Claims Evaluation Inc. (AMCE) announces Letter of Intent to Acquire Business Catering to Children with Disabilities
Through its subsidiary RPM Rehabilitation & Associates Inc., American Claims Evaluation Inc. (Nasdaq: AMCE) provides a full range of vocational rehabilitation and disability management services. American Claims today announced its intentions to acquire all the assets and business of a privately held New York-based company that provides a wide range of services to children with developmental delays and disabilities. American Claims’ anticipates the purchase price of this entity at $1 million. The acquisition is subject to due diligence activities and a definitive asset purchase agreement, though approval of the shareholders is not required. In its most recently completed fiscal year,…