BRIEF-Syncordia says acquisition of Billing Solutions

Mon Mar 21, 2016 8:26am EDT
 
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March 21 (Reuters) - Syncordia Technologies and Healthcare Solutions Corp :

* Consideration is comprised of $6.0 million in cash, subordinated promissory note in principal amount of $2.0 million

* Syncordia announces the acquisition of Billing Solutions LLC

* Deal for aggregate consideration of US$8.0 million

* Says Jimmy Rizzo will continue in his role as CEO of Billing Solutions after completion Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)