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WebMD, HLTH Again Try to Merge
HealthDataManagement, 06/23/09
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.
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