Merge eFilm, Cedara close deal

RIS and PACS developer Merge eFilm of Milwaukee and Canadian imaging software developer Cedara Software of Mississauga, Ontario, have completed their merger.

Under the terms of the deal, Cedara shareholders will receive either 0.587 shares of Merge common stock or 0.587 exchangeable shares for each common Cedara share held. As previously announced, Richard Linden will be president and CEO of the combined firm, with Cedara president and CEO Abe Schwartz serving on Merge eFilm's board of directors.

The firm's corporate headquarters will be in Milwaukee.

By AuntMinnie.com staff writers
June 1, 2005

Related Reading

Court approves Cedara merger with Merge, May 27, 2005

Merge shareholders approve Cedara merger, May 25, 2005

Cedara posts record Q3, April 28, 2005

Analogic divests Cedara stake, February 18, 2005

Merge to join with Cedara, January 18, 2005

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