Healthcare IT firm Model N to be bought by Vista Equity for about $1.25 bln-March 2024-www.financetom.com

Healthcare IT firm Model N to be bought by Vista Equity for about $1.25 bln

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Healthcare IT firm Model N to be bought by Vista Equity for about $1.25 bln

Apr 8, 2024 5:47 AM

April 8 (Reuters) - Healthcare IT firm Model N ( MODN )

said on Monday it has entered into an agreement to be acquired

by investment firm Vista Equity Partners for about $1.25

billion.

Vista will acquire all the outstanding shares of Model N ( MODN ) for

$30 per share, according to the terms of the agreement,

representing a premium of 10.7% to the company's last close.

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