	fcs laboratories fcsi terminates deal talks fcs laboratories inc said merger discussions with an unnamed privately held company in the health care field have ended without an agreement the previously announced negotiations began last august the company said it s disappointing to spend so much time on these negotiations and have them fail said fcs chairman nicholas gallo iii but the discussions could not produce a deal acceptable to our board in the context of the company s stronger financial position today as compared to six months ago gallo said fcs will stop actively seeking potential merger partners but will respond to serious inquiries we are determined to follow our plan to restore this company to profitability he said to continue actively searching for potential uirers inherently forces us to postpone the implementation of critical decisions which are part of the plan the company which has common shares outstanding reaffirmed it expects to be profitable in the second half of the fiscal year ending september reuter 
