Navigation Links
HLTH Corporation Announces Completion of Sale of Porex Unit to Aurora Capital Group
Date:10/20/2009

ELMWOOD PARK, N.J., Oct. 20 /PRNewswire-FirstCall/ -- HLTH Corporation (Nasdaq: HLTH) today announced that it has completed the sale of its Porex segment to affiliates of Aurora Capital Group, a Los Angeles based private equity firm, for $142 million, which consists of $74.5 million in cash and $67.5 million in senior secured debt of Porex payable over four years. This transaction was previously announced on September 18, 2009.

About HLTH

HLTH Corporation (Nasdaq: HLTH) owns approximately 83% of WebMD Health Corp. (Nasdaq: WBMD). WebMD is the leading provider of health information services, serving consumers, physicians, healthcare professionals, employers and health plans through its public and private online portals and health-focused publications.

All statements contained in this press release, other than statements of historical fact, are forward-looking statements, including those regarding matters related to the transaction described in this press release. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements, including risks and uncertainties regarding: changes in financial markets; and changes in economic, political or regulatory conditions or other trends affecting the healthcare, Internet, information technology and plastics industries. Further information about these matters can be found in our Securities and Exchange Commission filings. Except as required by applicable law or regulation, we do not undertake any obligation to update our forward-looking statements to reflect future events or circumstances.

WebMD® and WebMD Health® are trademarks of HLTH Corporation or its subsidiaries.

SOURCE HLTH Corporation


'/>"/>
SOURCE HLTH Corporation
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. China Medicine Corporations Levocarnitine Dried Powder Injection Was Registered with the Ministry of Health of Pakistan
2. Micro-Waste Corporation Ordered to Pay Sanitecs Attorney Fees
3. Kimberly-Clark Announces Definitive Agreement to Acquire I-Flow Corporation
4. AMERIGROUP Corporation to Discuss Third Quarter Earnings on October 30
5. Glide Health Corporation and Integrated Medical Professionals Announce Partnership to Deploy the Glide Mobile Health Platform to Over One Million Patients and Over 100 Physicians in 50 Locations
6. JAG Media Holdings, Inc. Amends Articles of Incorporation
7. Advanced Data Systems Corporation and the Maryland Health Care Commission
8. Select Medical Holdings Corporation Successfully Completes Initial Public Offering of Common Stock
9. Association of Retired Xerox Employees Initiate Legal Proceedings Against Xerox Corporation
10. Harris Corporation Demonstrates Secure Exchange of Public Health Information in Cloud Computing Environment
11. Temps Inc. Acquires Medical Concepts Staffing Business From Analysts International Corporation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/18/2017)... ... , ... Alcovit, a lime-flavored beverage that rids the body of toxins linked ... now available through Jet.com. , After 25 years of development, the company released ... to quickly detox the body thereby avoiding alcohol-induced hangovers. Whether you’re having fun with ...
(Date:8/18/2017)... ... August 18, 2017 , ... “Dangerous Inheritance”: a mystery about saving the family ... is from Southwest Nebraska where she was raised on a farm. As Diane ... is fictional, but the friendships and mantra of ‘neighbors helping neighbors’ have always been ...
(Date:8/18/2017)... ... August 18, 2017 , ... Rollon Skin ... anti-aging skincare solutions, recently announced the launch of two new skincare products, ... yet effective alternative to expensive plastic surgery or in-patient cosmetic dermatological procedures. , ...
(Date:8/18/2017)... ... August 18, 2017 , ... ... the Coatesville Veterans Affairs Medical Center. “Case #10-5411 Veterans Administration” is the ... of domestic abuse. In June 1990, Carol Mulhem started work at the ...
(Date:8/17/2017)... , ... August 17, 2017 , ... When Amy ... stretcher side nurse, she took with her a dream to make nursing education more ... Specifically, ensuring communication skills were integrated into healthcare provider education. , ...
Breaking Medicine News(10 mins):
(Date:8/3/2017)... , Aug. 3, 2017  Opioid addiction and other ... up healthcare costs and threatening outcomes, were problems taken ... and IVD industry that support them, met this week. ... researcher said that drugs of abuse, procalcitonin and acute ... at the organization,s 69th meeting in San ...
(Date:8/2/2017)... BENTON, Ky. , Aug. 2, 2017   Marshall County Hospital in ... team to proactively reduce the risk of hospital-acquired infections (HAIs). The new addition, Tru-D ... UVC light energy to kill deadly pathogens such as C. diff , MRSA, MERS, ... Tru-D SmartUVC ... Tru-D in action in a patient room ...
(Date:8/2/2017)... a next-generation full-service pharmacy, has announced the launch of its ... Washington D.C. metropolitan area. CaryRx aims to ... through the convenience of its patient-friendly mobile app. Prescriptions can ... to any location in D.C. ... Washington D.C. ," says Areo Nazari , ...
Breaking Medicine Technology: