While physician software vendor Greenway Medical Technologies is on the cusp of going public, health information management company HealthPort is seeking a buyer, according to published reports.
Carrollton, Ga.-based Greenway has priced its initial public offering of stock with the goal of raising $73.4 million to $86.7 million, down from its anticipated $100 million when it filed registration papers in 2011. The company expects to offer 5.35 million shares at $11-13 per share for a total of $58.5 million to $69.6 million, while existing shareholders will put up another 1.32 million shares, MarketWatch reports. The total of about 6.67 million shares is down 1 million shares from the initial registration, although underwriters can purchase up to 1 million additional shares to cover over allotments.
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