HMS Holdings Corp. announced Monday an agreement to be acquired by Gainwell Technologies, which is backed by Veritas Capital, in a deal valuing the health care services company at about $3.4 billion.

HMS Holdings Corp. HMSY recently inked a deal with Veritas Capital backed Gainwell Technologies, wherein the latter will acquire the former in an all-cash transaction worth around $3.4 billion ...

Shares of HMS Holdings soared 8% on Monday after the company agreed to be bought up by Gainwell Technologies in a cash deal worth $3.4 billion. The tech-based healthcare company expects the ...