Sunquest Leaps on Buyout

By TSC Staff ,

Sunquest Information Systems (SUNQ) was up 61% in preopen Island trading after it announced British software company Misys was buying the company in a cash offer of $24 a share, or $404 million.

Sunquest is a provider of clinical systems to U.S. hospitals.

Sunquest closed Friday up 60.9% at $14.74.

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