Merge improves cash flow

AuntMinnie.com staff writers
Jan 8, 2001

PACS and connectivity firm Merge Technologies has improved its short-term cash position through a combination of debt and equity facilities. As a result, the Milwaukee-based firm’s cash position, including available credit, increased to approximately $1.4 million as of December 31.

The new funds will be instrumental in supporting business operations as the company moves toward its goal of positive net income and cash flow in early 2001, according to president and CEO Rich Linden.

By AuntMinnie.com staff writers
January 9, 2001

Related Reading

Merge launches Premier Partner Program, November 21, 2000

Merge's Q3 numbers disappoint, November 9, 2000

Copyright © 2001 AuntMinnie.com

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