Merge Healthcare On the Lookout for More Cash; Company Says Sale of Assets Remains Possibility
The Milwaukee Journal Sentinel › February 23, 2008
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Summary
Merge Healthcare Inc., a developer of medical imaging software, is exploring its options for raising additional money.
"We are going to have to find ways to get cash into the company," Kenneth Rardin, Merge's president and chief executive, said in a teleconference with investors Friday morning. The move comes after a rough year, in which Merge suffered several setbacks.See the full content of this document
Extract
Merge Healthcare On the Lookout for More Cash; Company Says Sale of Assets Remains Possibility
West Allis-based Merge ended last year with about $14 million in cash, down from $21.7 million on Sept. 30 and $52.2 million on Sept. 30, 2006.
Merge stock fell 26%, ...See the full content of this document
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