Merge Healthcare Inc., which operates dual headquarters in Hartland and Chicago, announced that its board of directors has retained Allen & Company LLC, a New York-based investment bank, to assist in exploring and evaluating a broad range of strategic alternatives, including, but not limited to, a sale of the company or a business combination.
Merge Healthcare is provider of clinical systems and innovations that seek to transform health care.
The company does not have a defined timeline for the strategic review, and there can be no assurance that the review will result in any specific action or transaction.
The firm said it does not intend to comment further regarding the evaluation of strategic alternatives, unless a definitive agreement for a specific transaction is entered into, the process is concluded or it otherwise deems further disclosure is appropriate or required.
