April 26, 2010 - Merge Healthcare Inc. and Amicas Inc. today announced the expiration of the tender offer (Offer) for all of the outstanding shares of Amicas’ common stock by Project Ready Corp., a wholly-owned subsidiary of Merge Healthcare. The offer expired at 5:00 p.m., New York City, New York time, on Friday, April 23, 2010.

StockTrans Inc., the depositary for the Offer, notified Merge that Amicas’ stockholders had validly tendered and not withdrawn a total of 33,995,414 shares, which represents approximately 91.63 percent of the outstanding shares. Merger Sub has accepted, for payment, all shares that were validly tendered in accordance with the terms of the Offer. Merge expects to complete the transaction on or around April 28, 2010.
Project Ready Corp. intends to acquire all of the remaining outstanding Amicas stock through a short-form merger and without calling a meeting with Amicas' shareholders. Upon completion of the merger, the remaining outstanding shares of Amicas common stock will be converted into the right to receive the offer price of $6.05 in cash, without interest.

Once the merger is completed, Amicas will be a wholly-owned subsidiary of Merge Healthcare and will no longer be traded on the NASDAQ Global Market.

For more information: www.merge.com and www.amicas.com


Related Content

Videos | Information Technology

Industry trade shows and conferences seem to be making their comeback in 2024. And the Healthcare Information and ...

Time July 25, 2024
arrow
News | RSNA

July 23, 2024 — Professional registration is open for RSNA 2024, the world’s largest radiology forum. This year’s theme ...

Time July 23, 2024
arrow
News | Enterprise Imaging

June 28, 2024 — Konica Minolta Healthcare Americas announced today a strategic partnership with Apollo Enterprise ...

Time June 28, 2024
arrow
News | Artificial Intelligence

June 27, 2024 — RamSoft, a global leader in cloud-based RIS/PACS radiology solutions, and RADPAIR, a trailblazer in ...

Time June 27, 2024
arrow
News | Information Technology

June 21, 2024 — Konica Minolta Healthcare Americas announced a strategic partnership with Comp-Ray, Inc., a Christie ...

Time June 21, 2024
arrow
Feature | Information Technology | By Melinda Taschetta-Millane

The Healthcare Information and Management Systems Society (HIMSS) Global Health Conference and Exhibition brought ...

Time May 01, 2024
arrow
Feature | Information Technology | By Jef Williams

The rapid growth of healthcare data has reached unprecedented heights, making up about 30% of the world’s stored data.¹ ...

Time April 30, 2024
arrow
News | Society of Breast Imaging (SBI)

April 11, 2024 — iCAD, Inc., a global leader in clinically proven AI-powered cancer detection solutions, announced today ...

Time April 11, 2024
arrow
News | Enterprise Imaging

March 12, 2024 — Konica Minolta Healthcare Americas, Inc. announced today the new integration of the Exa Platform with ...

Time March 12, 2024
arrow
News | Artificial Intelligence

February 26, 2024 — DeepHealth, Inc., one of the leading providers in healthcare radiology informatics, has today ...

Time February 26, 2024
arrow
Subscribe Now