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January 8, 2018 11:29 pm GMT
Practice Fusion was written about several years ago as a company on the brink of going public. In 2015, JPMorgan, working with Practice Fusion, estimated that the company could be assigned a valuation of around $1.5 billion if it went public in 2016. Instead, Practice Fusion is selling for $100 million in cash to publicly traded Allscripts, it was announced today. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/E_7wN2sTHo0/
Practice Fusion, once poised for a blockbuster IPO, sells at a loss to Allscripts
Practice Fusion was written about several years ago as a company on the brink of going public. In 2015, JPMorgan, working with Practice Fusion, estimated that the company could be assigned a valuation of around $1.5 billion if it went public in 2016. Instead, Practice Fusion is selling for $100 million in cash to publicly traded Allscripts, it was announced today. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/E_7wN2sTHo0/
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