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     1017  0 Kommentare Medworxx Solutions Inc. and Aptean, Inc. Enter Into Definitive Agreement for Going Private Transaction - Seite 3

    The Arrangement Agreement includes customary deal-protection provisions including non-solicitation provisions, a right to match competing offers and a CDN$1.0 million termination fee payable by the Corporation under certain circumstances. Each party has also been provided with certain other rights, representations and warranties and covenants customary for a transaction of this nature. The terms of the Arrangement Agreement will be described in detail in the Management Circular to be filed with the regulatory authorities and delivered to Medworxx shareholders in accordance with applicable securities laws. Subject to shareholder, court and regulatory approvals, the transaction is expected to close by the end of October 2015.

    Berkery, Noyes & Co., LLC has been retained by Medworxx as financial advisor in connection with the strategic review and the going private transaction. Chitiz Pathak LLP and Torkin Manes LLP acted as legal counsel to the Corporation and Dentons Canada LLP acted as legal counsel to the Special Committee. Morris, Manning & Martin, LLP and Cassels Brock & Blackwell LLP acted as legal counsel to Aptean.

    This press release is neither an offer to purchase nor a solicitation of an offer to sell securities.

    About Medworxx

    Medworxx delivers health information solutions to over 350 hospitals internationally; including Canada, United States and United Kingdom. Medworxx helps hospitals meet patient flow challenges and requirements in compliance and education. Medworxx Clinical Criteria- flagship of Medworxx Patient Flow that includes electronic bed board and independent assessment components - currently serves over 34% of the acute care beds in Canada. Founded in 2004, Medworxx is based in Toronto, Ontario and publicly traded on the TSX Venture Exchange: MWX. Visit: www.medworxx.com

    About Aptean

    Aptean is a leading provider of industry-focused mission critical enterprise software solutions. We build and acquire solutions to support the evolving operational needs of our customers. Our solutions help nearly 5,000 organizations stay at the forefront of their industries by satisfying their customers and continuing to operate more efficiently. For more information, visit www.aptean.com.

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    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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    Verfasst von Marketwired
    Medworxx Solutions Inc. and Aptean, Inc. Enter Into Definitive Agreement for Going Private Transaction - Seite 3 TORONTO, ONTARIO--(Marketwired - Aug. 27, 2015) - Medworxx Solutions Inc. (TSX VENTURE:MWX) ("Medworxx" or the "Corporation"), a leader in clinical patient flow, and compliance and education solutions, and Aptean, Inc., through an affiliate …