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Possible Purchase of Spheris by Nuance - Concerned Long-Time Spheris MT


Posted: Apr 14, 2010

Has anyone heard anything on if MedQuist has won the bid for Spheris?   I have been reading the news on the internet and it looks like there are two other bidders, but I have been praying for the past few weeks that MedQuist will win so we keep our jobs here in the U.S.

How do you mean? - huh

[ In Reply To ..]
MQ offshores like nobody's business.

MOST WORK IS NOT OFFSHORED BY MEDQUIST - Anon

[ In Reply To ..]
MedQuist is just so big it may feel like that but most work is domestic, because customers insist on it.

Apparently you missed the 80% to CBAY? - anon

[ In Reply To ..]
nm
where is this documented? - sm
[ In Reply To ..]
It might come in handy to assist those jumping ship, to help receive TAA benefits, unemployment.
SEC filings. - badumbum
[ In Reply To ..]
x
thank you, but - sm
[ In Reply To ..]
That is about as clear as mud to me. What specifically am I looking for and how do I find it?
nvm - figured it out
[ In Reply To ..]
no message

Screaming at people doesn't automatically make you right. - immabe

[ In Reply To ..]
Touch a nerve?

If you actually believe what you just said (or yelled), I'm sorry for you.
Touch a nerve? - CoolMT
[ In Reply To ..]
Anon (capital A) is right. It is the facilities choice. While MQ may be willing to oblige, the facility makes the choice. anon (lower case a) that posted beneath keeps trying to spook everyone with the misinterpreted SEC document that is actually the agreement between MQ and CBay (because they are separate corporate entities though have a common owner) that if a facility wants to use offshore, they must commit 80%. Presumably, because they don't want to hire a workforce in India without committed volumes.

I thought the final announcement was tomorrow? - MTmtMT

[ In Reply To ..]
I think there was a post on the company board that the final decision is Thursday (tomorrow), and I believe it's between MQ and Transcend as the bidders.

Was the final announcement made today and I missed it? Not that I'm "rooting" for either side just find it curious that BigQ and LilQ are in a faceoff over its acquisition.

we have to wait until tomorrow because... - sm

[ In Reply To ..]
the judge had to knock Nuance out of the running. This is apparently secondary to the VR that Spheris uses is a competitor to Nuance's VR and doesn't want Nuance to get their contract. I don't really understand that ruling as MQ has their own VR as well, so aren't they also a competitor?

I'm really hoping Transcend gets the contract. They're bidding more money. If MQ loses, maybe they will throw some of that 75 million our way.

They better throw it our way. It is our money - to beging with.

[ In Reply To ..]
That money is our yearly raises, the money they took away from for ASR work, etc.


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