Business Editors
NASHVILLE, Tenn.--(BUSINESS WIRE)--Oct. 11, 2000
Michael G. Lindley, speaking on behalf of himself and four other executives who are experienced in the youth services industry, made an announcement today in response to the recent press release by Children's Comprehensive
Mr. Lindley further disclosed that the group has acquired a position in KIDS stock and has engaged Morgan Keegan & Co. as their financial advisor. Mr. Lindley said, "To date, my colleagues and I have received no response to our proposal. We remain fully committed to negotiating and consummating the transactions described in our proposal. We think that our proposal will enhance shareholder value, and we urge the KIDS board to give our proposal careful consideration."