CORRECT: Orion Health to buy up to $144.6M shares at $1.224 apiece

Mon, 03 Dec 2018

(Fixes last paragraph to clarify potential outcomes if buyback leaves McCrae with 90 percent or more in story that ran Monday, Dec. 3) By Paul McBeth Dec. 3 (BusinessDesk) - Orion Health will pay up to $144.6 million buying back shares from investors in the healthcare technology firm that struggled to achieve the big aspirations it had when it went public four years ago. The firm will pay $1.224 a share, around the mid-point of its last estimated range to $1.20-to-$1.25. Shareholders can opt to hang on to some or all of their shares,...

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