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Veradigm (MDRX) just unveiled an announcement.
Veradigm Inc. and its subsidiary Veradigm LLC have terminated their revolving credit agreement with lenders, including JPMorgan Chase Bank, as of August 30, 2024, without incurring any penalties. The company took this step to prevent a default due to delays in submitting financial statements and decided that the termination was cost-effective and in the best interest of the company and its shareholders, considering their sufficient cash reserves and liquidity. The report includes forward-looking statements that involve risks and uncertainties, which are detailed in the company’s regulatory filings.
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