Reuters: Hot Stocks: Vista Equity to take Greenway Medical private in $644 mln deal

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Free Bestselling eBooks Free national bestsellers for your eReader - Fiction, Nonfiction & more! Join 1.5 million book lovers now. Sign-up in under 10 seconds to get the free daily email. From our sponsors

Vista Equity to take Greenway Medical private in $644 mln deal Sep 23rd 2013, 21:09 Sept 23 | Mon Sep 23, 2013 5:09pm EDT Sept 23 (Reuters) - Greenway Medical Technologies Inc will merge with a privately held electronic health records provider owned by Vista Equity Partners in a $644 million deal. Vista, which owns Vitera Healthcare Solutions LLC, will pay $20.35 for each Greenway share - a premium of about 19 percent to the stock's Tuesday close of $17.13 on the New York Stock Exchange. Greenway shares jumped to $20.20 in aftermarket trading. The combined businesses will serve nearly 13,000 medical organizations and 100,000 providers, Greenway and Vitera said in a statement. The companies expect the deal to close in the fourth quarter of this year. (Reporting by Zeba Siddiqui in Bangalore; Editing by Joyjeet Das)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions