|
|
Article: Merge Healthcare Commences Exchange Offer for etrials Worldwide.
- Article from:
- Entertainment Close-up
- Article date:
- June 21, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Merge Healthcare, a health IT solutions provider, and etrials Worldwide, a provider of clinical trials software and services, announced that Merge has commenced an exchange offer for all of the outstanding shares of etrials' common stock pursuant to their previously announced definitive merger agreement dated May 30, under which Merge will acquire etrials.
Subject to the terms and conditions of the exchange offer, etrials' stockholders who validly tender their shares will receive for each share of etrials common stock they tender in the exchange offer (i) $0.80 in cash, without interest, and (ii) 0.3448 shares of Merge common stock.
The exchange offer ...