Thomson to buy Medstat Group
Toronto-based newspaper publisher Thomson Corp. plans to buy Medstat Group Inc., a developer of health care software and databases, for about $339 million, the companies said yesterday.
Thomson will pay $27 a share for Medstat's outstanding common stock. Ernest G. Ludy, Medstat chairman and chief executive officer, has granted Thomson an option to buy his 1.38 million shares at that price.