We all know the story on Wall Street, thus now a new source of funds is being sought.  As mentioned earlier some EMR/EHR companies have already looked for Venture Capital funding and perhaps this could be an alternative here?  image BD

London-based Misys plc and Allscripts Inc. in Chicago have postponed shareholder meetings scheduled for Sept. 22 as Misys seeks new sources of funding to close the merger of Allscripts and Misys Healthcare Systems. Shareholders were to have voted on the merger, the terms of which include a $330 million payment by Misys to Allscripts, which then would be disbursed to Allscripts' shareholders as a dividend. But Misys was to receive a $305 million revolving credit facility from Lehman Brothers to fund most of the payment.

Now, Lehman Brothers has filed for bankruptcy protection, and Misys has been unable to confirm whether the credit facility will be granted.

Snag Delays Misys-Allscripts Deal

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