Allscripts Healthcare Solutions (MDRX) spiked sharply to the downside around 1:45PM Friday and ended the session with a loss of 1.30 at $11.12 on above average volume. The stock fell to a 2-month low.
Media reports in the afternoon suggested that Blackstone Group has emerged as the frontrunner in an auction for Allscripts Healthcare Solutions. A deal is said to be highly uncertain, since the companies remain far apart on price.
by RTT Staff Writer
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