UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. )*
Under the Securities Exchange Act of 1934
Dialysis
Corporation of America
(Name of Issuer)
Common Stock, Par Value $0.01 Per Share
(Title of Class of Securities)
(CUSIP Number)
Thomas L. Weinberg, Esq.
Senior Vice President and General Counsel
U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, Texas 75093
(214) 736-2700
Copy To:
James R. Griffin, Esq.
Fulbright & Jaworski L.L.P.
2200 Ross Avenue, Suite 2800
Dallas, Texas 75201-2784
(214) 855-8000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
o
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting persons initial filing on
this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for
the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to
the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
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1.
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Names of Reporting Persons.
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U.S. Renal Care, Inc.
Tax I.D. No.: 62-1826478
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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(b)
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3.
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SEC Use Only
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4.
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Source of Funds (See Instructions)
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OO
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5.
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Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
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6.
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Citizenship or Place of Organization
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Delaware
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7.
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Sole Voting Power
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Number of
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0
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Shares
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8.
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Shared Voting Power
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Beneficially
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Owned by
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2,226,841*
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Each
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9.
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Sole Dispositive Power
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Reporting
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Person
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0
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With:
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10.
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Shared Dispositive Power
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2,226,841*
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
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2,226,841*
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12.
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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13.
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Percent of Class Represented by Amount in Row (11)
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23.0%*+
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14.
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Type of Reporting Person (See Instructions)
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CO/HC
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* Beneficial ownership of the above referenced securities is being reported hereunder solely
because the reporting person may be deemed to have beneficial ownership of such securities as a
result of Tender and Voting Agreements (as defined in Item 4 below) entered into with beneficial
owners of such securities as described herein. Neither the filing of this statement on Schedule
13D nor any of its contents shall be deemed to constitute an admission by either of the reporting
persons that it is the beneficial owner of any of the common stock referred to herein for purposes
of Section 13(d) of the Securities Exchange Act of 1934, or for any other purpose, and such
beneficial ownership is expressly disclaimed.
+ Based on 9,610,373 shares of common stock outstanding as of April 13, 2010, as represented
in the Merger Agreement (as defined below), plus 62,500 shares for outstanding options that are vested as of the date hereof, for an aggregate amount of 9,672,873.
Under the Tender and Voting Agreements, the Shareholders (as defined in Item 3) have also agreed that all of their
derivative securities in DCA (including unvested options, unvested restricted shares and unvested restricted stock
units, collectively, the Derivative Securities) are subject to the terms and conditions contained therein.
These Derivative Securities, which consist of 125,000 shares of restricted stock of DCA that have not been issued,
10,000 restricted stock units, and 37,500 options to acquire shares of common stock of DCA, are not included as
beneficially owned by the Reporting Parties for purposes of this Schedule 13D. Under the terms of these Derivative
Securities, such securities will vest at the earlier of (a) a date that is later than 60 days from the date hereof,
or (b) upon a change of control of DCA (which may or may not be within 60 days of the day of this Schedule 13D).
If these securities were deemed to be included in shares of DCA beneficially owned by the
Reporting Parties, such share total would be increased by 172,500 shares to an aggregate of 2,399,341 shares
of DCA common stock, which would represent 24.4% of the then-outstanding shares of DCA common stock.
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1.
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Names of Reporting Persons.
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Urchin Merger Sub, Inc.
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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(b)
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3.
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SEC Use Only
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4.
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Source of Funds (See Instructions)
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AF
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5.
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Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
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6.
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Citizenship or Place of Organization
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Florida
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7.
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Sole Voting Power
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Number of
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0
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Shares
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8.
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Shared Voting Power
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Beneficially
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Owned by
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2,226,841*
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Each
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9.
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Sole Dispositive Power
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Reporting
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Person
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0
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With:
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10.
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Shared Dispositive Power
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2,226,841*
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
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2,226,841*
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12.
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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13.
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Percent of Class Represented by Amount in Row (11)
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23.0%*+
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14.
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Type of Reporting Person (See Instructions)
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CO
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* Beneficial ownership of the above referenced securities is being reported hereunder solely
because the reporting person may be deemed to have beneficial ownership of such securities as a
result of Tender and Voting Agreements (as defined in Item 4 below) entered into with beneficial
owners of such securities as described herein. Neither the filing of this statement on Schedule
13D nor any of its contents shall be deemed to constitute an admission by either of the reporting
persons that it is the beneficial owner of any of the common stock referred to herein for purposes
of Section 13(d) of the Securities Exchange Act of 1934, or for any other purpose, and such
beneficial ownership is expressly disclaimed.
+ Based on 9,610,373 shares of common stock outstanding as of April 13, 2010, as represented
in the Merger Agreement (as defined below), plus 62,500 shares for outstanding options that are vested as of the date hereof, for an aggregate amount of 9,672,873.
Under the Tender and Voting Agreements, the Shareholders (as defined in Item 3) have also agreed that all of their
derivative securities in DCA (including unvested options, unvested restricted shares and unvested restricted stock
units, collectively, the Derivative Securities) are subject to the terms and conditions contained therein.
These Derivative Securities, which consist of 125,000 shares of restricted stock of DCA that have not been
issued, 10,000 restricted stock units, and 37,500 options to acquire shares of common stock of DCA, are not
included as beneficially owned by the Reporting Parties for purposes of this Schedule 13D. Under the terms
of these Derivative Securities, such securities will vest at the earlier of (a) a date that is later than 60
days from the date hereof, or (b) upon a change of control of DCA (which may or may not be within 60 days of
the day of this Schedule 13D). If these securities were deemed to be included in shares of DCA beneficially owned
by the Reporting Parties, such share total would be increased by 172,500 shares to an aggregate of 2,399,341 shares
of DCA common stock, which would represent 24.4% of the then-outstanding shares of DCA common stock.
Item 1. Security and Issuer
The class of equity securities to which this statement relates is common stock, par value $0.01 per
share, of Dialysis Corporation of America, a Florida corporation (DCA). The principal executive
offices of DCA are located at 1302 Concourse Drive, Suite 204, Linthicum, Maryland 21090.
Item 2. Identity and Background
(a) The names of the persons filing this statement are U.S. Renal Care, Inc., a Delaware
corporation (USRC), and Urchin Merger Sub, Inc., a Florida corporation and a wholly owned
subsidiary of USRC (Merger Sub, and together with USRC, the Reporting Parties).
(b) The business address of the Reporting Parties is 2400 Dallas Parkway, Suite 350, Plano, Texas
75093.
(c) USRC provides dialysis and ancillary services to patients suffering from kidney failure,
generally referred to as end stage renal disease. USRC was founded in 2000 by an experienced team
of healthcare executives. USRC works in partnership with nephrologists to develop, acquire and
operate outpatient treatment centers which provide hemodialysis, peritoneal dialysis and ancillary
services to patients suffering from kidney failure, generally referred to as end stage renal
disease, or ESRD. USRC currently has a network of 55 clinics in Arkansas and Texas which care for
approximately 3,000 dialysis patients. In addition, USRC manages several acute setting dialysis
programs in conjunction with local community hospitals. Merger Sub is a Florida corporation and a
wholly owned subsidiary of USRC. Merger Sub was organized by USRC to acquire DCA and has not
conducted any other activities since its organization.
(d) Neither the Reporting Parties nor, to the knowledge of the Reporting Parties, any person
identified on
Schedule A
attached hereto during the last five years has been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) Neither the Reporting Parties nor, to the knowledge of the Reporting Parties, any person
identified on
Schedule A
attached hereto during the last five years has been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
(f) All of the directors and executive officers of USRC named in
Schedule A
attached hereto
are citizens of the United States.
Set forth on
Schedule A
is the name and present principal occupation or employment, and the
name, principal business and address of any corporation or other organization in which such
employment is conducted, of each of the directors and executive officers of USRC as of the date
hereof.
Item 3. Source and Amount of Funds and Other Considerations
The Tender and Voting Agreements (as defined in Item 4 below) were entered into among USRC, Merger
Sub, and the following directors and executive officers of DCA who are also shareholders of DCA:
Stephen W. Everett, President, Chief Executive Officer and Director; Thomas K. Langbein, Chairman
of the Board and Chief of Strategic Alliance and Investor Relations; Peter D. Fischbein, Director;
Robert W. Trause, Director; Kenneth J. Bock, Director; Andrew J. Jeanneret, Vice President, Finance
and Chief Financial Officer; Thomas P. Carey, Vice President, Operations and Chief Operating
Officer; Daniel R. Ouzts, Vice President, Finance, Chief Accounting Officer and Treasurer; and
Joanne Zimmerman, Vice President, Clinical Services and Compliance Officer (collectively, the
Shareholders). The Shareholders entered into the Tender and Voting Agreements as a condition and
an inducement to USRC and Merger Sub to enter into the Merger Agreement (as defined in Item 4
below). Neither USRC nor Merger Sub paid additional consideration to the Shareholders in
connection with the execution and delivery of the Tender and Voting Agreements, and thus no funds
were used for such purpose.
Merger Sub estimates that the total amount of funds required by USRC and Merger Sub to complete the
Offer (as defined in Item 4 below) and the Merger (as defined in Item 4 below), repay indebtedness
of DCA and its subsidiaries, to refinance USRCs existing credit facility, and pay related fees and
expenses is estimated to be approximately $214.4 million. USRC and Merger Sub expect to fund these
payments through (i) loan commitments from Royal Bank of Canada (Royal Bank) in an aggregate
principal amount of up to $202.5 million, (ii) commitments from certain of USRCs existing equity
holders to purchase up to $25 million of Series D Redeemable Convertible Preferred Stock of USRC,
(iii) cash on hand, and (iv) other funds available to USRC and Merger Sub.
A debt commitment letter (the Debt Commitment Letter) from Royal Bank and RBC Capital Markets,
dated April 13, 2010, sets forth the terms pursuant to which Royal Bank has committed to provide
the debt financing. There are various conditions to the obligation of Royal Bank to provide the
debt financing, including, among others: (i) execution and delivery of definitive financing
documentation consistent with the Debt Commitment Letter and the term sheets therein; (ii) the
absence of any material adverse change with respect to DCA; (iii) USRCs compliance with the terms
of the Debt Commitment Letter; (iv) the terms and conditions of the Offer and the related
documentation being in form and substance reasonably satisfactory to Royal Bank; (v) the
satisfaction of customary financial ratios; (vi) the accuracy of certain of DCAs representations
and warranties in the Merger Agreement; and (vii) the accuracy of certain of USRCs and Merger
Subs representations and warranties in the Debt Commitment Letter. The foregoing description of
the Debt Commitment Letter is qualified in its entirety by reference to the full text of the Debt
Commitment Letter, which is included as Exhibit 7.3 to this Schedule 13D and which is incorporated
by reference herein.
USRC has also received an equity commitment from SV Life Sciences Advisors, LLC, Thoma Cressey Fund
VIII, L.P., Salix Ventures II, L.P. and Salix Affiliates II, L.P., each of which are current
stockholders of USRC, pursuant to which such stockholders have confirmed their commitment to
purchase $25 million of Series D Redeemable Convertible Preferred Stock of USRC. There are no
conditions to USRCs receipt of the proceeds from the equity commitment and the Offer is not
conditioned upon USRCs receipt of such proceeds.
Item 4. Purpose of Transaction
(a)-(b) On April 13, 2010, USRC, Merger Sub and DCA entered into an Agreement and Plan of Merger
(the Merger Agreement) that contemplates the acquisition of all outstanding shares of common
stock of DCA. On April 22, 2010, pursuant to the terms of the Merger Agreement, Merger Sub
commenced a cash tender offer (the Offer) to purchase all outstanding shares of common stock of
DCA at a price of $11.25 per share, net to the seller in cash, without interest thereon and less
any required withholding taxes (such price, or any other price per share that is paid in the Offer,
is referred to as the Offer Price).
The obligation of USRC to cause Merger Sub to accept for payment any shares of common stock in the
Offer is subject to the closing conditions set forth in the Merger Agreement, including (i) that
more than 50% of the shares of common stock outstanding (determined on a fully diluted basis using
a formula set forth in the Merger Agreement) have been validly tendered (and not withdrawn), (ii)
receipt of proceeds of the debt financing (referenced under
Item 3 above) and (iii) that other
conditions set forth in the Merger Agreement have been satisfied or waived, including that the
waiting periods under applicable antitrust laws have expired or been terminated.
The Merger Agreement also provides that after completion of the Offer, Merger Sub will be merged
with DCA and the surviving corporation will be a wholly owned subsidiary of USRC (the Merger).
Upon completion of the Merger, all remaining outstanding shares of common stock not tendered in the
Offer (other than shares that are (i) held by USRC, Merger Sub or any wholly owned subsidiary of
USRC or Merger Sub; (ii) held in DCAs treasury; or (iii) held by shareholders of DCA, if any, who
properly exercise any appraisal rights to which they may become entitled under Florida law) will be
acquired for cash at the Offer Price and on the terms and conditions set forth in the Merger
Agreement.
As a condition of, and an inducement to, USRC and Merger Sub entering into the Merger Agreement,
the Shareholders have each entered into a Tender and Voting Agreement (collectively, the Tender
and Voting
Agreements) pursuant to which each such Shareholder has agreed to tender in the Offer all issued
and outstanding shares of common stock of DCA now owned or hereafter acquired by such Shareholder
and, if necessary, to vote any such shares of common stock in favor of the transactions
contemplated by the Merger Agreement. As of
the date of this Schedule 13D, the Reporting Parties understand that
the Shareholders beneficially own an
aggregate of 2,226,841 shares of common stock.
The foregoing descriptions of the Merger Agreement and the Tender and Voting Agreements are
qualified in their entirety by reference to the full text of such agreements, which are included as
Exhibits 7.1 and 7.2 and which are incorporated by reference herein.
(c) Not applicable.
(d) The Merger Agreement requires that the board of directors of DCA unanimously vote to: (i)
approve and adopt the transactions contemplated by the Merger Agreement, including the Offer and
the Merger; (ii) recommend that the shareholders of DCA accept the Offer, tender their shares of
common stock pursuant to the Offer and, if required, vote to approve the Merger; (iii) to the
extent necessary, adopt a resolution causing DCA not to be subject to any fair price,
moratorium, control share acquisition, interested shareholder, business combination, or
similar restriction set forth in any state takeover law (including Sections 607.0901 and 607.0902
of the Florida Business Corporations Act); and (iv) direct that the approval of the Merger
Agreement be submitted to the shareholders of DCA if required to consummate the Merger.
If Merger Sub accepts shares of common stock for payment pursuant to the Offer, under the Merger
Agreement, USRC will become entitled to designate at least a majority of the members of DCAs board
of directors. However, DCA is required to use commercially reasonable efforts to ensure that, at
all times prior to the effective time of the Merger, at least two of the members of its board of
directors are individuals who were directors of DCA on the date of the Merger Agreement. DCA must
take all actions necessary to cause USRCs designees to be elected or appointed to its board of
directors in such number as is proportionate to USRCs share ownership, including seeking and
accepting resignations of incumbent directors and, if such resignations are not obtained,
increasing the size of the board of directors. USRC will obtain control over the management of DCA
shortly thereafter. After the election or appointment of the directors designated by USRC to DCAs
board of directors and prior to the completion of the Merger, under the terms of the Merger
Agreement, the approval of a majority of the continuing directors who were directors of DCA on the
date of the Merger Agreement will be required in order to: (i) amend or waive any term or
condition of the Merger Agreement, the Merger or DCAs articles of incorporation or bylaws; (ii)
terminate the Merger Agreement on behalf of DCA; or (iii) exercise DCAs option to extend the time
for performance of any of the obligations or other acts of USRC, or waive or assert any of DCAs
rights under the Merger Agreement.
(e) Under the terms of the Merger Agreement, DCA may not: (i) declare, accrue, set aside or pay
any dividend or make any other distribution in respect of any shares of capital stock, or
repurchase, redeem or otherwise reacquire any shares of capital stock or other securities; or (ii)
sell, issue, grant or authorize the sale, issuance or grant of: (A) any shares of capital stock or
other security; (B) any option, call, warrant or right to acquire any shares of capital stock or
other security; or (C) any instrument convertible into or exchangeable for any shares of capital
stock or other security, in each case except under limited circumstances as set forth in the Merger
Agreement.
(f) If the transactions contemplated by the Merger Agreement are consummated, the surviving
corporation of the Merger will be a wholly owned subsidiary of USRC.
(g) The Merger Agreement contains provisions that limit the ability of DCA and specified
representatives of DCA to engage in a transaction that would effect a change of control of DCA
(other than the transactions contemplated by the Merger Agreement) during the pendency of the
transactions contemplated by the Merger Agreement.
(h) Pursuant to the Merger Agreement, DCA will apply for delisting of its common stock from The
Nasdaq Global Market promptly after the consummation of the Merger.
(i) Upon consummation of the transactions contemplated by the Merger Agreement, the common stock of
DCA may become eligible for termination of registration pursuant to Section 12(g)(4) of the Act.
(j) Other than as described above, the Reporting Parties currently have no plan or proposal which
relates to, or may result in, any of the matters described in Items 4(a)-(i) of this Schedule 13D
(although the Reporting Parties reserve the right to develop such plans).
Item 5. Interest in Securities of the Issuer
(a)-(b) As described in Item 4(a)-(b) of this Schedule 13D, as a result of the Tender and Voting
Agreements, the Reporting Parties share the power to vote or to direct the vote of the securities
subject to the Tender and Voting Agreements with respect to certain matters as set forth in such
Tender and Voting Agreements. In addition, as a result of the Tender and Voting Agreements, the
Reporting Parties share the power to dispose or to direct the disposition with respect to the
securities subject to the Tender and Voting Agreements. The Reporting Parties, however, hereby disclaim
beneficial ownership of such shares and this Schedule 13D shall not be construed as an admission
that the Reporting Parties are, for any or all purposes, the beneficial owner of the securities
covered by this Schedule 13D. Except as set forth in this Schedule 13D, no shares of common stock
are beneficially owned by the Reporting Parties or, to the knowledge of the Reporting Parties, any
person listed on Schedule A to this Schedule 13D. The description contained in this Item 5 of the
transactions contemplated by the Tender and Voting Agreements is qualified in its entirety by
reference to the full text of the Tender and Voting Agreements, a copy of the form of which is
included with this Schedule 13D as Exhibit 7.2 and is incorporated herein by reference.
Schedule B
to this Schedule 13D sets forth, to the knowledge of the Reporting Parties, the
following information for those natural persons with whom the Reporting Parties share the power to
vote or to direct the vote or to dispose or to direct the disposition of the securities subject to
the Tender and Voting Agreements: the name, present principal occupation or employment, and the
name, principal business and address of any corporation or other organization in which such
employment is conducted, of such persons. To the knowledge of the Reporting Parties, all of such
natural persons listed on
Schedule B
to this Schedule 13D are citizens of the United
States.
Schedule B
to this Schedule 13D also sets forth, to the knowledge of the Reporting
Parties, the following information for those entities with whom the Reporting Parties share the
power to vote or to direct the vote or to dispose or to direct the disposition of the securities
subject to the Tender and Voting Agreements: the name, state or other place of organization,
principal business and business address, of such entities.
The Reporting Parties have no knowledge that any person listed on
Schedule B
to this
Schedule 13D during the last five years has been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors). The Reporting Parties have no knowledge that any
person listed on
Schedule B
to this Schedule 13D during the last five years has been a
party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a
result of such proceeding was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws.
(c) Except as disclosed herein, neither the Reporting Parties nor, to the knowledge of the
Reporting Parties, any person named in
Schedule A
to this Schedule 13D, has effected any
transaction in shares of common stock of DCA during the past 60 days.
(d) To the knowledge of the Reporting Parties, no other person has the right to receive or the
power to direct the receipt of dividends from, or the proceeds from the sale of, the securities
subject to the Tender and Voting Agreements.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the
Issuer
Other than as described in Items 4 and 5 above, the Reporting Parties are not a party to any
contracts, arrangements, understandings or relationships (legal or otherwise) with respect to any
securities of DCA, including but not limited
to transfer or voting of any of the securities, finders fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profit, division of profits or losses, or the giving or
withholding of proxies.
Item 7. Material to be Filed as Exhibits
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Exhibit No
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Document
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7.1
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Agreement and Plan of Merger, dated as of April 13, 2010, by and among U.S. Renal Care, Inc.,
Urchin Merger Sub, Inc., and Dialysis Corporation of America*
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7.2
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Form of Tender and Voting Agreement, dated as of April 13, 2010, by and among U.S. Renal
Care, Inc., Urchin Merger Sub, Inc., Dialysis Corporation of America and each of the
following: Stephen W. Everett; Thomas K. Langbein; Peter D. Fischbein; Robert W. Trause;
Kenneth J. Bock; Andrew J. Jeanneret; Thomas P. Carey; Daniel R. Ouzts; and Joanne Zimmerman.*
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7.3
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Debt Commitment Letter, dated as of April 13, 2010, by and among U.S. Renal Care, Inc.,
Urchin Merger Sub, Inc., Royal Bank of Canada and RBC Capital Markets*
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99.1
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Joint Filing Agreement, dated April 23, 2010, between U.S. Renal Care, Inc. and Urchin Merger
Sub, Inc., pursuant to Rule 13d-1(k)(1)
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*
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Incorporated by reference to the Schedule TO filed by U.S. Renal Care, Inc. and Urchin Merger
Sub, Inc. with the Securities and Exchange Commission on April 22, 2010.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the
information set forth in this statement is true, complete and correct.
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U.S. RENAL CARE, INC.
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By:
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/s/ Thomas L. Weinberg
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Name:
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Thomas L. Weinberg
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Title:
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Senior Vice President and General
Counsel
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URCHIN MERGER SUB, INC.
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By:
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/s/ Thomas L. Weinberg
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Name:
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Thomas L. Weinberg
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Title:
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Vice President
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Dated: April 23, 2010
SCHEDULE A
EXECUTIVE OFFICERS AND DIRECTORS OF U.S. RENAL CARE, INC.
Executive Officers of U.S. Renal Care, Inc.
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Name
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Position
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J. Christopher Brengard
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Chief Executive Officer
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Stephen Pirri
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Chief Operating Officer
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James D. Shelton
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Executive Vice President Chief Financial Officer
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Dr. Stan Lindenfeld
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Senior Vice President and Chief Medical Officer
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Jack F. Egan
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Senior Vice President
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Thomas L. Weinberg
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Senior Vice President and General Counsel
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All individuals named in the table above are employed by U.S. Renal Care, Inc. The address of U.S.
Renal Care, Inc.s principal executive offices is 2400 Dallas Parkway, Suite 350, Plano, Texas
75093.
Directors of U.S. Renal Care, Inc.
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Name, Principal Business and
|
|
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Present Principal Occupation or
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|
Address of Organization in which
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Name
|
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Employment
|
|
Employed
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J. Christopher Brengard
|
|
Chief Executive Officer, U.S.
Renal Care, Inc.
|
|
c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
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|
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Jack F. Egan
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Senior Vice President, U.S.
Renal Care
|
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c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
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|
|
|
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Martin F. Jackson
|
|
Chief Financial Officer, Select
Medical Corporation
|
|
c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
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|
|
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Eugene Hill
|
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General Partner, SV Life Sciences
|
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c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
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David Ward
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General Partner, Salix Ventures
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c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
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|
|
|
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John P. Byrnes
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|
Chief Executive Officer,
Lincare, Inc.
|
|
c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
|
|
|
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Barry C. Cosgrove
|
|
Private Investor
|
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c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
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|
|
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Bryan Cressey
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Partner, Cressey & Company
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c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
|
Executive Officers of Urchin Merger Sub, Inc.
|
|
|
Name
|
|
Position
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J. Christopher Brengard
|
|
President
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James D. Shelton
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|
Vice President, Treasurer
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Thomas L. Weinberg
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Vice President, Secretary
|
All individuals named in the table above are employed by U.S. Renal Care, Inc. The address of U.S.
Renal Care, Inc.s principal executive offices is 2400 Dallas Parkway, Suite 350, Plano, Texas
75093.
Directors of Urchin Merger Sub, Inc.
|
|
|
|
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Name, Principal Business and
|
|
|
Present Principal Occupation or
|
|
Address of Organization in which
|
Name
|
|
Employment
|
|
Employed
|
J. Christopher Brengard
|
|
Chief Executive
Officer, U.S. Renal
Care, Inc.
|
|
c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
|
|
|
|
|
|
James D. Shelton
|
|
Executive Vice
President Chief
Financial Officer
|
|
c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
|
|
|
|
|
|
Thomas L. Weinberg
|
|
Senior Vice
President and
General Counsel
|
|
c/o U.S. Renal Care, Inc.
2400 Dallas Parkway, Suite 350
Plano, TX 75093
|
SCHEDULE B
NATURAL PERSONS WITH WHOM
U.S. RENAL CARE, INC. AND URCHIN MERGER SUB, INC.
SHARES VOTING AND DISPOSITIVE POWER
|
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|
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Name, Principal Business and
|
|
|
Present Principal Occupation or
|
|
Address of Organization in which
|
Name
|
|
Employment
|
|
Employed
|
Stephen W. Everett
|
|
President, Chief
Executive Officer
and Director,
Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
|
|
Thomas K. Langbein
|
|
Chairman of the
Board and Chief of
Strategic Alliance
and Investor
Relations, Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
|
|
Peter D. Fischbein
|
|
Director, Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
|
|
Robert W. Trause
|
|
Director, Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
|
|
Kenneth J. Bock
|
|
Director, Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
|
|
Andrew J. Jeanneret
|
|
Vice President,
Finance and Chief
Financial Officer,
Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
|
|
Thomas P. Carey
|
|
Vice President,
Operations and
Chief Operating
Officer, Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
|
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Daniel R. Ouzts
|
|
Vice President,
Finance, Chief
Accounting Officer
and Treasurer,
Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
|
|
|
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Joanne Zimmerman
|
|
Vice President,
Clinical Services
and Compliance
Officer, Dialysis
Corporation of
America
|
|
c/o Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
ENTITIES WITH WHOM
U.S. RENAL CARE, INC. AND URCHIN MERGER SUB, INC.
SHARES VOTING AND DISPOSITIVE POWER
|
|
|
|
|
|
|
State or Other Place of
|
|
|
Name
|
|
Organization
|
|
Principal Business Address
|
Dialysis
Corporation of
America
|
|
Florida
|
|
Dialysis Corporation of America
1302 Concourse Drive, Suite 204
Linthicum, Maryland 21090
|
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