Following an amended proposal from medical imaging software vendor Merge Healthcare to acquire rival AMICAS Inc., Boston-based AMICAS has concluded that the proposal now is superior to an earlier acquisition offer from investment firm Thoma Bravo, LLC.
Milwaukee-based Merge recently made an unsolicited bid of $6.05 per share, compared with Thoma Bravo's $5.35 bid. AMICAS initially rejected Merge's offer, questioning how solid the financing arrangements were.
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