Brief: Cloudmd Finalizes Review And Settlement Of The Visionpros Acquisition
22/07/2022 12:39
July 22 (Reuters) - CloudMD Software & Services Inc DOC.V :
* CLOUDMD FINALIZES REVIEW AND SETTLEMENT OF THE VISIONPROS
ACQUISITION
* CLOUDMD SOFTWARE & SERVICES INC - ENTERED INTO A
SETTLEMENT
AGREEMENT ( "SETTLEMENT AGREEMENT") WITH FORMER OWNERS OF
VISIONPROS
* CLOUDMD SOFTWARE & SERVICES - SETTLEMENT REDUCES PURCHASE
CONSIDERATION PAID FOR VISIONPROS BY $14.6 MILLION AND ALSO
REMOVES ANY FUTURE EARNOUT PAYMENTS
* CLOUDMD SOFTWARE & SERVICES INC - CONSIDERING OTHER
AVENUES OF
RECOVERY IN CONNECTION WITH VISIONPROS TRANSACTION
Source text for Eikon: ID:nGNX6fV7g2
Further company coverage: DOC.V
((Reuters.Briefs@thomsonreuters.com;))
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