Merge Healthcare Inc. (NASDAQ: MRGE) reported Tuesday that it has priced $200 million worth of senior secured notes that it is selling to help pay for its $248 million acquisition of Amicas Inc. (NASDAQ: AMCS), according to Associated Press.
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The 11.75 percent senior secured notes will come due in 2015. The issue price is 97.266 percent of the principal amount, or about $194.5 million.
Amicas, the maker of medical imaging software, initially declined Merge Healthcare's offer in favor of private-equity firm Thoma Bravo LLC, which had offered $5.35 per share. However, it later gave its support to Merge, calling the company's offer of $6.05 per share superior.
The deal is expected to close by April 28.
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