Any news on the sale? They announced they are up for sale months ago but heard nothing so far.
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What do they have of value that justifies a price tag like that let one any interest? Their product line is abysmal. Do their books accurately reflect what they are worth? Do they provide guidance to their employees or customer claiming growth & profit or sales?
Will we know before December?
Similar article minus the pay wall:
https://www.msn.com/en-us/money/companies/mckesson-oracle-thoma-bravo-among-finalists-to-acquire-veradigm-report/ar-AA1tQ5GY
Hope this helps:
https://www.axios.com/pro/health-tech-deals/2024/11/10/mckesson-oracle-veradigm-bidders-allscripts
It would be kind of hilarious if McKesson were to purchase this, considering that Allscripts acquired the MCK/EIS business last decade - and the portfolio of those legacy products is primarily vested in the Altera business. It's a lose/lose situation, no?
Any news? We need have a Black Friday sale
Short sell this puppy. Now. Get paid at almost 10 a share, pay back later when price falls back to its normal price 4.
No surprise private equity stepped up to the batters box,
Deep breath leaders & stake holders. The buyer has been identified. Gluteus Maximus capital management.
Curious, with the canceling of the American pickers show, who remains as suitable buyer of this hooptie formally called allscripts & veradigme ?
"private vs public". Being thrown off a major stock exchange to otc is similar to a plane crash. Have to pass through the 100ft ceiling before hitting the ground. They have NO viable product line. Books cooked for years. How come PB,RP and other exec's not in jail, fined, tar & feathered. Reclaim All management bonus's and company would look more palatable on paper.
That link sounds knowledgeable, What does V own these days? aged out products, hardware, retired 3rd party components, Virtua criminal financials Maybe their prescription & claim service ? Their analytics has always been a joke. The client's data is owned by 3rd party hackers Their leadership definitely wont be retained. If stock falls below 5 buy some. 7 dollars a share buyout great return And still cover the Friday night beers for a few weeks.
This is an old PB,RP stunt . As well as other incompetent leaders. Sales and reoccurring revenue flat line for many years, only prayer to raise stock is "sales rumors" . Small Sales bump the stock still below price a year ago.
Hope this helps:
https://ionanalytics.com/insights/mergermarket/veradigm-collects-initial-bids-for-potential-sale-sources/
Doesn't matter much. Agree with why pay for something when their clients will come to you. "Private equity owner" will be the schlep who has "invested" way too much to walk away. Fail big. Absolute embarrassment to entire management, current and legacy.
Current trend is private equity buyer and going private. Much less regulation vs public.
Word in the industry. Why purchase what you can take or pickup for free