Quality Systems Inc., parent company of NextGen Healthcare Information Systems, which generates three-quarters of its revenue, has avoided a second proxy fight with dissident shareholders in a year and may be looking for a buyer.
QSI, which has seen its stock price cut in half during the past two years, agreed to support three board nominees of a shareholder coalition called the Clinton Group at its annual meeting on August 15. Two of the Clinton Group board members also will be named to the five-member standing Transaction Committee, which will have new marching orders.
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