Anaheim-based Alliance Imaging Inc., a provider of diagnostic tests to hospitals and doctors, said investors plan to sell 8 million shares of its stock.
Alliance Imaging won’t raise any money from the sale.
The sale could go as high as 9.2 million shares if underwriters exercise the right to buy 1.2 million more shares from the selling stockholders.
Deutsche Bank Securities and Piper Jaffray & Co. are underwriters. Citigroup Inc. and Merrill Lynch & Co. are managing the stock sale.
Alliance Imaging didn’t identify who might be selling the shares.
The company’s largest shareholder is Viewer Holdings LLC, which is owned by two investment funds sponsored by Kohlberg Kravis Roberts & Co. of New York.
Viewer owns 70% of Alliance.
