Reuters: Global Markets: Vista Equity to take Greenway Medical private in $644 million deal

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Vista Equity to take Greenway Medical private in $644 million deal Sep 23rd 2013, 21:11 Mon Sep 23, 2013 5:11pm EDT (Reuters) - Greenway Medical Technologies Inc (GWAY.N) will merge with a privately held electronic health records provider owned by Vista Equity Partners in a $644 million deal. Vista, which owns Vitera Healthcare Solutions LLC, will pay $20.35 for each Greenway share â€" a premium of about 19 percent to the stock's Tuesday close of $17.13 on the New York Stock Exchange. Greenway shares jumped to $20.20 in aftermarket trading. The combined businesses will serve nearly 13,000 medical organizations and 100,000 providers, Greenway and Vitera said in a statement. The companies expect the deal to close in the fourth quarter of this year.

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