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IBM completes purchase of Merge Healthcare

International Business Machines Corp. on Oct. 13 completed its acquisition of Merge Healthcare Inc. for a transaction value of $1.00 billion.

The company offered $7.13 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

RBC Capital Markets LLC was the financial adviser for IBM, and Cravath Swaine & Moore LLP was the legal adviser.

Goldman Sachs & Co. LLC was the financial adviser for Merge Healthcare, while Jenner & Block LLP was the legal adviser.