NORTHVIEW <NOVC.O> PLANS TO SELL COMPANY
Northview Corp said it reached
an agreement in principal covering the acquisition of the
company by privately-held Calmark Financial Corp.
The agreement calls for Northview to make a self-tender
offer for all of its outstanding stock at a price of 22 dlrs
per share in cash.
Calmark, headquartered in Los Angeles, develops, manages
and syndicates real estate, Northview also said.