Healthcare information technology firm Cerner has completed its acquisition of Dynamic Healthcare Technologies. Kansas City-based Cerner will acquire all outstanding DHT common shares for 362,791 shares of Cerner stock, with Dynamic holders receiving 0.0548 Cerner shares for each share held.
Cerner is also redeeming Dynamic preferred stock for approximately $2.2 million in cash. Lake Mary, FL-based Dynamic has been renamed Cerner DHT, and will continue to support its radiology, pathology, and laboratory products, according to Cerner. The vendor expects the deal to be modestly accretive to earnings in 2002.
By AuntMinnie.com staff writersDecember 19, 2001
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