WebMD To Be Acquired By KKR's Internet Brands

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Go back to WebMD To Be Acquired By KKR's Internet Brands

After Reaching Out to More than 100 Potential Suitors, WebMD Health (WBMD) Scores Big with KKR Deal

July 24, 2017 10:28 AM EDT

WebMD Health (NASDAQ: WBMD) investors are feeling flush Monday after the online medical information provider agreed to be sold to KKR's Internet Brands for $2.8 billion, or $66.50 per share.

The valuation comes at an approximate 30% premium to WebMD's share price on February 15, 2017, the day before WebMD announced that it was commencing a process to explore strategic options, and a 20% premium to... More

WebMD Health (WBMD) to Resume Trading at 7:30 AM ET

July 24, 2017 7:18 AM EDT

WebMD Health (NASDAQ: WBMD) to Resume Trading at 7:30 AM ET

... More