Entries from March 2008

Cbay Systems Acquires stake in MedQuist

Date March 9, 2008

Cbay Systems, with the help of private equity investments of $123 million from Lehman Brothers and SAC Private Capital Group will acquire majority stake in MedQuist which is a leading medical transcription firm. As per reports, Cbay Systems will acquire 75% stake in MedQuist from Koninklijke Philips Electronics. It is important to note that MedQuist […]