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Santa Ana Packager Bought by N.Y. Firm

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Dow Jones

Dayhill Corp.’s specialty packaging business has been acquired by New York-based Medical Action Industries Inc. for $30,000 in cash and $595,000 in liabilities.

Medical Action said Santa Ana-based Dayhill has annual revenue of about $2 million. In the fiscal year ended March 31, Medical Action had sales of about $46 million.

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