• A healthcare company that fought an 18-month battle with an activist investor just struck a $5.7 billion deal to end the fight

    1 month ago - By Business Insider

    Healthcare IT company Athenahealth reached an agreement with Veritas Capital and Elliott Management to be acquired in a $5.7 billion deal.
    The deal comes after a long-running push from Elliott for Athenahealth to sell itself.
    Under the two big investment firms, Athenahealth will be combined with Virence Health, a company Veritas acquired earlier this year.
    The Athenahealth saga is coming to a close.
    On Monday, the healthcare company reached a $5.7 billion agreement with Veritas Capital and Elliott Management to be acquired.
    The deal, which values Athenahealth at $135 a share, follows...
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  • Two big investors are buying Athenahealth for $5.7 billion

    Two big investors are buying Athenahealth for $5.7 billion

    1 month ago - By Business Insider

    Two big investment firms, Veritas Capital and Elliott Management, will acquire Athenahealth for about $5.7 billion in cash.
    The deal values Athenahealth at $135 a share. Elliott had long been pushing Athenahealth to sell itself, and at one point offered $160 a share.
    Athenahealth's CEO resigned in June, helping clear a path for the sale.
    Private equity firm Veritas Capital and hedge fund Elliott Management agreed to acquire U.S. healthcare software maker Athenahealth Inc for $5.7 billion in cash.
    Athenahealth, whose cloud-based service is used to track revenue from patients, physicians and...
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  • Veritas Capital, Elliott to buy Athenahealth for $5.7 billion

    Veritas Capital, Elliott to buy Athenahealth for $5.7 billion

    1 month ago - By Reuters

    Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare software maker said on Monday.
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  • Athenahealth fetches $5.7 billion cash buyout offer

    1 month ago - By Chron

    A prominent athenahelath investor and a private equity firm will spend about $5.7 billion on the medical billing software maker and take it private.
    Veritas Capital and Evergreen Coast Capital said Monday they'll pair athenahealth with a company Veritas bought earlier this year, Virence Health.
    Athenahealth stock owners will receive $135 in cash per share, a roughly 12 percent premium over the company's closing price on Friday.
    Athenahealth, based in Watertown, Massachusetts, makes medical record, revenue cycle and care coordination products and delivers most of it through the...
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