WebMD, HLTH Again Try to Merge
Medical information content vendor WebMD Health Corp. and its corporate parent HLTH Corp. have resurrected an effort to merge, with WebMD the surviving company. Under the new agreement, New York-based WebMD would acquire the stock of Elmwood Park, N.J.-based HLTH for approximately $1.2 billion. That's far below the $2.13 billion value of a merger agreement announced in February 2008 that fell apart last October as the financial crisis deepened. [more...]
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