Wednesday, April 18, 2007

MCF Closes Acquisition of MedPanel

San Francisco-based MCF Corporation said today that it has closed its acquisition of MedPanel, a provider of online medical market intelligence. The deal was worth $6.5M in MCF common stock, with additional milestone payments of up to $11.5M. MedPanel will become Panel Intelligence LLC, a wholly owned subsidiary of MCF Corporation. MCF is a provider of investment research, investment banking, and asset management, and is the parent company of Merriman Curhan Ford & Co.