Friday, July 6, 2007

UPDATE 1-Philips to take 35 mln euros charge on Medquist

(Reuters) - The non-cash impairment charge will not impact earnings
before interest, taxes and amortisation for Philips's Medical
Systems unit, the company said in a statement.




Philips added that it "may consider possible transactions or
other changes in its ownership stake in MedQuist," which
recently filed its results for 2003-2005 with the U.S.
Securities and Exchange Commission.


Read more at Reuters.com Mergers News

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