MedQuist Holdings Inc. Commences Exchange Offer; Applies to List on NASDAQ

MedQuist Holdings Inc. today commenced an exchange offer for all the issued and outstanding shares of MedQuist Inc. common stock that it does not currently own or have the right to acquire. The Exchange Offer is scheduled to expire at 5:00 p.m., New York City time, on March 4, 2011, unless extended. In connection with the Exchange Offer and its proposed U.S. initial public offering, MedQuist Holdings has applied to list its common stock on The NASDAQ Global Market under the symbol MEDH.