Orion Health shareholders back carve-up, capital return

Sun, 30 Sep 2018

By Paul McBeth Oct. 1 (BusinessDesk) - Orion Health Group investors vented their frustrations at the software company's dismal performance as a listed company but signed off on plans to split up the business and return capital to shareholders. The decision was largely a fait accompli with enough proxy votes to pass the resolutions at the Friday meeting. The final tally released today showed 99.9 percent in favour of the transaction and 99.8 percent supporting the share buyback. Orion will sell its Rhapsody unit to UK private equity f...

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