Eclipsys dismissed its lawsuit against SharedA new one-stop online shop for healthcare supplies and equipment was formed today with the merger of three Internet healthcare service providers, Neoforma.com (NASDAQ: NEOF), Eclipsys Corp. (NASDAQ: ECLP), and privately-held Healthvision Inc., which is affiliated with Eclipsys and VHA Inc.
In conjunction with the announcement, Delray Beach, Fla.-based Eclipsys dismissed its lawsuit against Shared Medical Systems Corp. (NYSE: SMS) and withdrew its nomination of four directors, which if elected, would have replaced the majority of Shared Medical Systems' board. Eclipsys had been trying to pressure Shared Medical Systems into accepting a hostile takeover offer.
TO read the full story click on: https://www.smallcapcenter.com/story.asp?storytype=companywatch&component=story.asp&storyid=6363