Wednesday, April 8, 2009

Emageon/AMICAS Update

On April 2nd, approximately 88% of Emageon's total outstanding stock was tendered, thereby closing the Emageon/AMICAS transaction. As expected, AMICAS executed its "top-up" option provision and completed the transaction as a short-form merger. The cash consideration of $1.82 per share was deposited into my account on April 3rd, yielding an annualized return of 27.87% againt my initial purchase price of $1.77/share on February 25th, 2009. Excellent transaction!

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