NextGen Healthcare rises after $1.61 bln buyout by Thoma Bravo

Nextgen Healthcare

06/09/2023 13:00

** Shares of NextGen Healthcare  NXGN.O  rise 14.2% to
$23.47 premarket
    ** The provider of software that helps manage patients'
records agrees to be bought by private equity firm Thoma Bravo
for about $1.61 bln
    ** NXGN shareholders will receive $23.95 per share in cash,
which represents a premium of 16.5% to stock's last close
    ** Shares have risen 25.6% since Reuters reported in August
that company is exploring options, including a potential sale
    ** Up to last close, shares up 9.4% YTD

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))