To: B.D.Bauden who wrote (323) | 2/24/2002 11:56:12 AM | From: i-node | | | The reason the yahoo boards are so busy is there is almost no substance in what is written over there; a total waste of time to read (and moreso to write).
If you come over here, you tend to see substance, but relatively few posts. That's not just for HLTH, but pretty much all the boards... |
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From: Sr K | 2/21/2013 11:08:44 PM | | | | Oops.
6:04PM WebMD Health --CORRECTION-- WBMD misses Q4 EPS by 10 cents, beats on revs; guides Q1 revs above consensus; guides FY13 EPS in-line, revs above consensus ( WBMD) 16.30 -1.12 : Earlier we reported that co beat by 10 cents on the bottom line. However that was comparing the non-GAAP number to a GAAP EPS estimate. We have removed the 16:05 commetn and are providing this correction. |
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From: Glenn Petersen | 7/24/2017 9:10:34 AM | | | | KKR to buy WebMD in $2.8 billion deal
- KKR announced plans to acquire WebMD Health in an all-cash deal valued at about $2.8 billion.
- WebMD shareholders will receive $66.50 per share in cash.
- Prior to the acquisition WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms.
Reuters July 24, 2019
Andrew Harrer | Bloomberg | Getty Images The WebMD application is demonstrated on an Apple Inc. iPad Air. ________________________________
Online health publisher WebMD Health said on Monday it agreed to be bought by private equity firm KKR in a deal valued at about $2.8 billion.
The deal brings together WebMD's websites, such as WebMD.com, Medscape.com and MedicineNet.com, and those owned by KKR unit Internet Brands Inc, including DentalPlans.com and AllAboutCounseling.com.
KKR will pay $66.50 per share, a premium of 20.5 percent to WebMD's Friday closing price. WebMD's shares were trading at $66 before the opening bell.
Reuters reported on Sunday that KKR was nearing a deal to buy the online health information provider.
Founded in 1996, WebMD has grown into one of the most popular health websites for consumers and medical professionals, attracting more than 70 million monthly unique visitors in 2016, according to analytics company comScore Inc.
WebMD also owns medical news and education brand Medscape, which accounted for around 60 percent of its advertising revenue in 2016.
The New York-based company said in February it would explore its options, after a slowdown in advertising paid for by pharmaceutical companies.
The deal, approved by the WebMD board, is expected to close in the fourth quarter of 2017.
J.P. Morgan Securities LLC is WebMD's financial adviser, while Shearman & Sterling LLP is its legal adviser.
Simpson Thacher & Bartlett LLP is Internet Brands' legal adviser.
cnbc.com |
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