June 11 2012, 9:14 am PT | Posted in: Other
Snippet from the article:
A group of doctors contracted by Hair Club for Men and Women, a unit of Regis Corp., is seeking to block the possible sale of the unit to Aderans Co., according to documents obtained by the Star Tribune.
In a recent letter to Regis Chief Operating Officer Eric Bakken, the doctors say they fear the Japanese hair company will eliminate Hair Club’s surgical business, their financial lifeblood, citing previous statements from Aderans executives.
Read the rest — 10 doctors try to derail Regis’ sale of Hair Club
If the sale should occur, it will reduce the 800 pound gorilla numbers from two to one. Aderans (owners of Bosley) purchased another hair transplant chain, Medical Hair Restoration, in 2007 and merged the two under the Bosley name a few years later.