NEW YORK (AP) — Shares of Allscripts Healthcare Solutions Inc. continued to rise Monday as Wall Street evaluated a report that the electronic health records company may sell itself to a private buyer.
THE SPARK: Bloomberg News reported Friday that Allscripts is considering a sale and had engaged Citigroup Inc. as it considered its options. Bloomberg reported that the Chicago company is having discussions with The Blackstone Group and other private equity firms. Allscripts declined to comment on the story.
On Monday analysts offered widely different interpretations of the state of Allscripts and what kind of price the company might be able to fetch from a private equity firm.
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