April 6, 2018 / 6:20 AM / 8 months ago

BRIEF-Ideagen Says To Buy Medforce For A Net Consideration Of $8.7M

April 6 (Reuters) - Ideagen PLC:

* ANNOUNCE ACQUISITION OF OF MEDFORCE TECHNOLOGIES INC FOR A NET CONSIDERATION OF $8.7M PAYABLE IN CASH

* CONSIDERATION FOR ACQUISITION WILL BE FINANCED PARTLY FROM COMPANY’S EXISTING CASH RESERVES AND PARTLY FROM EXISTING DEBT FACILITIES

* ACQUISITION IS EXPECTED TO BE EARNINGS ENHANCING IN COMPANY’S ACCOUNTING PERIOD BEGINNING ON 1 ST MAY 2018 Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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