WebMD To Be Acquired By KKR's Internet Brands
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After Reaching Out to More than 100 Potential Suitors, WebMD Health (WBMD) Scores Big with KKR Deal
July 24, 2017 10:28 AM EDTWebMD 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 EDTWebMD Health (NASDAQ: WBMD) to Resume Trading at 7:30 AM ET
... More