Virtual Radiologic Completes Merger with Providence Equity Partners

EDEN PRAIRIE, Minn. & PROVIDENCE, R.I.--(BUSINESS WIRE)--Virtual Radiologic Corporation (“vRad”), a national radiology practice and a leader in the development of radiologist workflow technology, and Providence Equity Partners, a leading global private equity firm that manages over $22 billion in equity capital, announced that earlier today vRad’s stockholders approved and adopted the merger agreement providing for the acquisition of vRad by an affiliate of Providence. The transaction is valued at approximately $294 million and was completed today.

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