Report: Watertown’s athenahealth to be acquired for $5.5B

//Report: Watertown’s athenahealth to be acquired for $5.5B

Report: Watertown’s athenahealth to be acquired for $5.5B

Activist hedge fund Elliott Management and private equity firm Veritas Capital have agreed to acquire athenahealth for $5.5 billion in cash, Reuters reported Sunday night.  Citing people familiar with the matter, Reuters said Elliott and Veritas had agreed to acquire the Watertown-based health IT company for $135 per share. The price is significantly lower than the $160-per-share offer that Elliott first made for the company in May.  Athenahealth (Nasdaq: ATHN) is expected to make a formal announcement…

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By | 2018-11-11T23:42:57+00:00 November 11th, 2018|Technology|

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