Merge Healthcare Inc. (NASDAQ: MRGE), a medical imaging and information software company, said Friday it will buy Confirma Inc. in an all-stock deal worth about $22 million.
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Confirma, which is based in
Confirma investors will get 5.6 million Merge shares priced at just under $3.90, their average closing price over the ten-day period ending Thursday. Confirma investors will own about 8.5 percent of Merge after the deal closes, expected to be in September.
Merge shares fell 7 cents to close earlier at $3.83.
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