Healthcare IT and advanced visualization developer Merge Healthcare of Milwaukee has closed its acquisition of PACS firm Amicas of Boston.
Merge announced on April 28 that the deal had closed, following its acquisition of 92% of Amicas shares in a tender offer priced at $6.05 per share. To finance the transaction, Merge issued $200 million in senior secured notes, and completed a private placement of preferred and common stock of $41.8 million.
The combined companies have a customer base of approximately 1,500 hospital and 2,200 outpatient sites in the U.S. alone, as well as a complementary product suite and distribution agreements in more than 35 countries, according to Merge.
Related Reading
Merge tender offer for Amicas ends, April 26, 2010
Merge wins NY contract, April 16, 2010
Merge to offer $200M in notes, April 7, 2010
Merge raises funds for Amicas deal, April 2, 2010
Merge begins cash tender offer for Amicas, March 19, 2010
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