Wire
TruBridge Agrees to Be Acquired by IKS
TruBridge (TBRG) has agreed to be acquired by IKS Health's US unit IKS, the latter said Thursday.Under the terms of the deal, TruBridge shareholders will get $26.25 in cash for each share they own, IKS said.The deal has been approved by the boards of TruBridge, IKS Health, and IKS, and is expected to close during Q3, it said.TruBridge has signed agreements with its largest shareholders, Pinetree Capital, L6 Holdings, and Ocho Investments, who have agreed to vote the shares they control, representing about 27% of TruBridge's shares, in favor of the deal, IKS said.
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