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Staff Builders spins off home care company

September 1, 1999

Staff Builders spins off home care company

Staff Builders, one of the nation’s largest home health care and staffing providers, has established Tender Loving Care Health Care Services, a separate, privately-held company.

This wholly owned subsidiary will acquire all the outstanding stock of those Staff Builders subsidiaries engaged in home health care. Staff Builders recently announced its earnings for the first quarter of FY 2000: $107.7, a 3.2% decrease from this time last year.