Brief: Cloudmd To Acquire The Largest Medical Directory In Canada
21/10/2020 13:05
Oct 21 (Reuters) - CloudMD Software & Services Inc DOC.V :
* CLOUDMD TO ACQUIRE THE LARGEST MEDICAL DIRECTORY IN CANADA
WITH
ROBUST, UP-TO-DATE, INFORMATION ON 91,000 PRACTICING PHYSICIANS
AND 10,000 RESIDENTS AND NURSE PRACTITIONERS
* CLOUDMD SOFTWARE & SERVICES INC - ENTERED INTO A BINDING
TERM
SHEET TO ACQUIRE CANADIAN MEDICAL DIRECTORY
* CLOUDMD SOFTWARE & SERVICES INC - ACQUISITION OF CMD WILL
BE
IMMEDIATELY ACCRETIVE TO CLOUDMD'S TOP LINE WITH 100% SAAS AND
HIGH MARGIN REVENUE MODEL
* CLOUDMD SOFTWARE & SERVICES INC - DEAL FOR $1.95 MILLION
Source text for Eikon: ID:nGNX40WXNJ
Further company coverage: DOC.V
((Reuters.Briefs@thomsonreuters.com;))
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