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Shared Medical soars 66 pct. at news of hostile $2 billion bid

Article Abstract:

Shared Medical Systems Corp. (Malvern, PA) is enjoying a 66% surge in its stock price following news of Eclipsys Corp.'s $2 billion hostile takeover bid.

Author: Nicholson, Leslie J.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
Pennsylvania

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Florida firm ends its pursuit of Shared Medical Systems

Article Abstract:

Chester County-based Shared Medical Systems Corp., a computer services firm, has reported that Delray Beach, Fla.-based Eclipsys Corp. has withdrawn its $2 billion hostile acquisition bid. Eclipsys is seeking an alliance that would allow it to control the Internet business-to business sector for hospital and other health-care supplies.

Author: Fernandez, Bob
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000

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Subjects list: United States, Software, Information technology services, Shared Medical Systems Corp., SMED, Eclipsys Corp.
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