Shareholders of healthcare informatics firm IDX Systems have voted to approve the firm's proposed merger with GE Healthcare.
Approximately 79.8% of the Burlington, VT-based vendor's shareholders voted in favor of the deal. Upon closing of the transaction, each share of IDX stock will be converted into the right to receive $44 per share in cash.
IDX will become part of Chalfont St. Giles, U.K.-based GE Healthcare following closing of the deal, which is expected to close on January 4.
By AuntMinnie.com staff writers
December 20, 2005
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