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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (33353)3/30/2000 11:58:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
Copyright 2000 Reuters Limited. All rights reserved. Republication or
redistribution of Reuters content is expressly prohibited without the prior
written consent of Reuters. Reuters shall not be liable for any errors or
delays in the content, or for any actions taken in reliance thereon.

NEW YORK, March 30 (Reuters) - Health-care computer services company
Eclipsys Corp agreed on Thursday to be acquired by Neoforma.com Inc for
about $1.45 billion in stock less than a month after making an unsolicited $2
billion bid to buy Shared Medical Systems Corp .

Neoforma.com, a Santa Clara, Calif.-based medical supply e-commerce
company, also agreed to buy HEALTHvision Inc, a privately held Internet
healthcare company affiliated with Eclipsys and national healthcare alliance
VHA Inc.

Terms of the agreement call for shareholders of Delray, Fla.-based Eclipsys to
receive 1.344 shares of Neoforma.com for each Eclipsys share.

HEALTHvision shareholders will receive 0.444 shares of Neoforma.com stock
for each share of HEALTHvision not owned by Eclipsys or VHA.

Trading in Eclipsys and Neoforma was halted, but Eclipsys shares rose 9/16 to
26-3/8 before the merger announcement. Neoforma.com fell 7/8 to 29-1/2
before the announcement.



To: Susan Saline who wrote (33353)3/30/2000 12:13:00 PM
From: Kelvin Taylor  Respond to of 43080
 
Thursday March 30, 11:01 am Eastern Time
Neoforma.com to buy Eclipsys, Healthvision
NEW YORK, March 30 (Reuters) - Health-care computer services company Eclipsys Corp (NasdaqNM:ECLP - news) agreed on Thursday to be acquired by Neoforma.com Inc (NasdaqNM:NEOF - news) for about $1.45 billion in stock less than a month after making an unsolicited $2 billion bid to buy Shared Medical Systems Corp (NYSE:SMS - news).

Neoforma.com, a Santa Clara, Calif.-based medical supply e-commerce company, also agreed to buy HEALTHvision Inc, a privately held Internet healthcare company affiliated with Eclipsys and national healthcare alliance VHA Inc.

Terms of the agreement call for shareholders of Delray, Fla.-based Eclipsys to receive 1.344 shares of Neoforma.com for each Eclipsys share.

HEALTHvision shareholders will receive 0.444 shares of Neoforma.com stock for each share of HEALTHvision not owned by Eclipsys or VHA.

Trading in Eclipsys and Neoforma was halted, but Eclipsys shares rose 9/16 to 26-3/8 before the merger announcement. Neoforma.com fell 7/8 to 29-1/2 before the announcement.