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CloudMD Shareholders Back CPS Capital Buyout
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CloudMD Shareholders Back CPS Capital Buyout

CloudMD Software & Services (TSE:DOC) has released an update.

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CloudMD Software & Services Inc. shareholders have overwhelmingly approved a go-private transaction with CPS Capital at C$0.04 per share, with the deal expected to close in early July 2024 following a final court approval. The acquisition will consolidate CloudMD’s offerings, which include innovative North American healthcare services and a leading workplace health and wellbeing solution, Kii, designed to drive superior clinical outcomes and measurable ROI for various stakeholders.

For further insights into TSE:DOC stock, check out TipRanks’ Stock Analysis page.

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