1. A Healthcare Company That Fought an 18-Month Battle with an Activist Investor Just Struck a $5.7 Billion Deal to End The Fight

    A Healthcare Company That Fought an 18-Month Battle with an Activist Investor Just Struck a $5.7 Billion Deal to End The Fight

    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...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. Combining with Virence will create new opportunities for collaboration and growth.
    2. The combined company, at some point, could become a more formidable competitor, especially in the population health area, which remains the next significant growth opportunity within healthcare IT industry.
  3. Topics Mentioned

  4. Authors