Lincare Holdings Inc. was a publicly traded healthcare company headquartered in Clearwater, Florida.
Additional products provided by Lincare are durable medical equipment, including wheelchairs, walkers, and hospital beds.
[6] In 1972, the precursor to Lincare, Linde Homecare Medical Systems was a unit in Union Carbide’s industrial gasses division.
[7] In 1984, Union Carbide faced financial issues from a significant liability lawsuit in Bhopal, India.
As a result of the lawsuit in and a hostile takeover attempt from GAF Corporation,[8] Union Carbide bought back 55 percent of its stock, and in the process, went $3 billion into debt.