Hoping perhaps to squeeze a few extra dollars from one of its two suitors, Amicas Inc. said it’s ready to accept a buyout offer from a rival information technology company but is still willing to talk with a Chicago-based private equity firm about a possible deal.
Boston-based Amicas (NSDQ:AMCS) late last year said it had agreed to be acquired by a private equity firm, Thoma Bravo LLC, for $5.35 a share, or about $217 million. That offer was trumped last week with a $6.05-a-share cash bid from Milwaukee-based Merge Healthcare Inc. (NSDQ:MRGE). Amicas executives initially cast doubt on Merge’s financial ability to pull off a deal, but after reviewing an updated offer over the weekend concluded “the Merge proposal constitutes a superior proposal.”