November 12, 2018 / 1:39 PM / a month ago

Veritas Capital, Elliott to buy Athenahealth for $5.7 bln

Nov 12 (Reuters) - Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare IT company said on Monday.

The all-cash deal values Athenahealth at $135 per share, representing a premium of 12.2 percent to the stock's closing price on Friday.

Reuters reported on Sunday that Athenahealth had agreed to a takeover. (Reporting by Tamara Mathias in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below