N. Harris Computer Corporation agreed to acquire Net Assets of Allscripts Hospitals and Large Physician Practices Business Segment from Allscripts Healthcare Solutions, Inc. (NasdaqGS:MDRX) for approximately $700 million on March 2, 2022. The consideration consisting of a fixed price of $670 million to be paid at closing, plus contingent consideration of up to $30 million based on revenue performance from business segment during the two years following transaction closing. The Hospitals and Large Physician Practices business segment includes the Sunrise™, Paragon®, Allscripts TouchWorks®, Allscripts® Opal, STAR™, HealthQuest™ and dbMotion™ solutions. The assets of Allscripts Veradigm business segment are not included in this transaction and will continue to be owned by Allscripts going forward. Constellation expects to finance the Allscripts acquisition on a stand-alone basis. Allscript's Hospitals and Large Physician Practices gross revenue for the period ended December 31, 2021 was $930 million. Completion of the transaction is subject to regulatory approval and customary closing conditions. The transaction is expected to close during the second quarter of 2022. Net of deal related transection cost after tax proceeds are expected to approximate $600 million. Proceeds will be used to support continued share repurchases as well as strategic M&A for remaining Veradigm business. William Blair & Company acted as fairness opinion provider to Allscripts Board of Directors.