Business Services Industry

Chief of Dallas-Based Medical-Imaging Center Operator Leaves Posts.

Knight Ridder/Tribune Business News, December, 2002

By Roger Yu, The Dallas Morning News Knight Ridder/Tribune Business News

Dec. 5--Radiologix Inc. said Wednesday that chairman and chief executive Mark Wagar will step down to make room for a replacement who will bring the provider of diagnostic imaging services "a fresh look."

The resignation comes on the heels of the Dallas-based company's reduction in its financial outlook for this year to 75 cents a share from a previous range between 82 cents and 87 cents. Its stock, which was as high as $15.29 in July, fell to $4 in late September. On Wednesday, it declined 31 cents to $4.69.

Radiologix's largest shareholder, Deutsche Bank unit DB Capital Partners, has been steadily selling its shares in recent weeks, while some investment bank...

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