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Healthcare IT providers to merge in $1.3 billion deal

Wall Street Journal, June 9, 2010

Healthcare IT providers AllscriptsMisys Healthcare Solutions Inc. and Eclipsys Corp. agreed to merge in an all-stock deal valued at about $1.3 billion. The move creates an entity whose combined technology will make it easier for hospitals, nursing homes, and doctors' offices to share patients' health information electronically, the Wall Street Journal reports. Under the terms of the deal, Eclipsys shareholders will receive 1.2 Allscripts shares for each Eclipsys share.