A $14.5 Million Exit Completes a Two-Year Retreat
Healthcare companies are narrowing around what they do best. Rather than carrying unrelated business lines, many are divesting noncore assets and redirecting the capital toward higher margin services, proprietary technology, and the operations where they hold a genuine competitive position.Shares of Vaso Corporation (OTCQX: VASO) are climbing Monday after the company completed the sale of NetWolves Network Services LLC to COEO Solutions, LLC for $14.5 million in cash. The deal closed July 31 and was structured as a sale of equity, marking the final step in Vaso's exit from information ...