BRIEF-Nightingale says announces the sale of its Canadian assets

Thu Jul 14, 2016 8:10am EDT
 
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July 14 (Reuters) - Nightingale Informatix Corp

* Nightingale announces the sale of its canadian assets

* Nightingale informatix corp says deal valued at $14 million

* Sale represents a sale of substantially all of company's canadian assets

* Company will retain ownership of its v10 (nexia) software technology and rights to use its clearinghouse technology

* Significant portion of asset sale proceeds will be used to repay co's secured debt which totals about $10.4 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)