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Medic Computer Systems Inc. agreed to be acquired by the U.K.’s Misys Corp. for $922.8 million in cash, or $35 a share.
The offer is a 7.7 percent premium to Medic Computer’s closing price Thursday of $32.50. Medic Computer shares rose $1.56, to $34.06, on Nasdaq trading of 5.78 million shares, more than nine times its three-month daily average of 620,800.
The U.K. banking software and services company is acquiring Medic Computer to gain entry to the U.S. market for health-care information software.
Medic Computer, based in Raleigh, is one of the five largest providers of information technology to the health-care industry, Misys said. It puts Misys into a fast-growing market and provides it an established customer base.
