PACS vendor Amicas of Boston has completed the tender offer for shares of Emageon's common stock, the company said.
The offer represents approximately 88% of Emageon's outstanding shares; Amicas has accepted for payment all Emageon shares tendered in the offer.
Amicas plans to increase its share ownership percentage of Emageon through the purchase of newly issued shares of Emageon common stock at the tender offer price. As a result, Amicas will own more than 90% of the outstanding shares of Emageon common stock and will effect a short-form merger as promptly as possible without the need for a meeting of Emageon shareholders.
Related Reading
Amicas expands into Australia, March 31, 2009
Amicas, Epic complete WI installation, March 5, 2009
Amicas signs agreement to acquire Emageon, February 23, 2009
Fovia wins Amicas contract, February 5, 2009
Amicas renews Diversified Radiology deal, January 8, 2009
Copyright © 2009 AuntMinnie.com
