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Universal Hospital Services.

The Daily Deal

| November 06, 2001 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Bloomington, Minn.-based Universal Hospital Services Inc. postponed its $75 million initial public offering, citing "unfavorable IPO market conditions." In a press release, the company said it "will continue to monitor market conditions and reevaluate the potential for an offering in the future." The company's chairman and CEO, David Dovenberg, also said: "In this difficult IPO market, we have decided to move forward with out current capital structure until capital markets improve." Universal Hospital had filed to sell 5 …

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