M*Modal MODL and One Equity Partners, the private investment arm of JP Morgan Chase & Co., today announced that Legend Acquisition Sub, Inc. has commenced the previously announced tender offer for all of the outstanding shares of common stock of M*Modal at a price of $14.00 per share, net to the seller in cash without interest thereon and less any applicable withholding taxes. Legend Acquisition Sub, Inc. and its parent company, Legend Parent, Inc., are controlled by One Equity Partners V, L.P.
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