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HLTH Corporation Announces Commencement of Its Tender Offer
Date:10/27/2008

ELMWOOD PARK, N.J., Oct. 27 /PRNewswire-FirstCall/ -- HLTH Corporation (Nasdaq: HLTH) announced today that it has commenced its tender offer to purchase up to 80,000,000 shares of its common stock at a price per share of $8.80. The number of shares proposed to be purchased in the tender offer represents approximately 43% of HLTH's currently outstanding shares. The last reported sales price per share of HLTH common stock on the NASDAQ Global Select Market on October 24, 2008 was $8.06 per share.

The tender offer will expire at 5:00 p.m., New York City time, on Tuesday, November 25, 2008, unless extended by HLTH. Tenders of shares must be made on or prior to the expiration of the tender offer and may be withdrawn at any time on or prior to the expiration of the tender offer. The tender offer is subject to a number of terms and conditions described in the Offer to Purchase that is being distributed to stockholders, including that a minimum of 40 million shares be properly tendered and not withdrawn in the tender offer.

On the terms and subject to the conditions of the tender offer, HLTH's stockholders will have the opportunity to tender some or all of their shares at a price of $8.80 per share. If stockholders properly tender and do not properly withdraw more than 80,000,000 shares, HLTH will purchase shares tendered by those stockholders owning fewer than 100 shares, without pro ration, and all other shares tendered will be purchased on a pro rata basis, subject to the conditional tender offer provisions described in the Offer to Purchase that is being distributed to stockholders. Stockholders whose shares are purchased in the tender offer will be paid $8.80 per share, net in cash, less any applicable withholding taxes and wit
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SOURCE HLTH Corporation
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