Amicas Rejects $248M Rival Offer From Merge
Boston-based Amicas agreed in December to be bought up by private equity firm Thoma Bravo LLC through a leveraged buyout worth $217 million, or $5.35 per share.
Milwaukee-based Merge made the rival offer during a “go-shop” period under Amicas and Thoma Bravo's merger agreement that allowed the Amicas board of directors to actively seek competing bids.
Although Merge's offer to purchase the...
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