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:1/16/2017)... ... January 16, 2017 , ... ... demonstrate their groundbreaking GunSport•PRO® and EB15•LE® electronic earplugs at the NSSF SHOT Show ... Vegas, Booth #2809. The SHOT Show is the shooting, hunting and outdoor trade ...
(Date:1/16/2017)... Smithtown, New York (PRWEB) , ... January 16, ... ... group, SightMD today announced the addition of Victor Giamos, MD to ... Officer of SightMD and Managing Partner at North Shore Eye Care, a division ...
(Date:1/16/2017)... St. Louis, MO (PRWEB) , ... January 16, 2017 , ... St. Louisans are well-aware ... is here , This year’s influenza shot seems to be having no effect ... public area, at least half of the people around are coughing, sneezing, or sniffling ...
(Date:1/16/2017)... ... 2017 , ... One thing common to all types of cancer is that ... well. The money spent screening for and treating cancer in the United States is ... cancer more than in any other country that has an advanced healthcare system, sometimes ...
(Date:1/15/2017)... ... January 15, 2017 , ... In this role, Courtney will be responsible ... the asthma & allergy friendly mark. This certification program was created by ASL and ... products to be more suitable for the 60+ million people living in the U.S. ...
Breaking Medicine News(10 mins):
(Date:1/16/2017)... Oregon and PUNE, India ... to a new report published by Allied Market Research, ... Global Opportunity Analysis and Industry Forecast, 2014-2022," the global ... by 2022, from $5,768 million in 2015, growing at ... chemical & gas sterilization segment dominated the market in ...
(Date:1/16/2017)... 16, 2017 Transparency Market Research states ... Devices Market  held a huge share of 43% in 2015. ... frontrunners in the overall market, grabbing the undivided attention of ... across geographies, and strong product portfolio is expected to keep ... ...
(Date:1/16/2017)... 16, 2017  Dovetail Genomics today announced the commercial ... service, which yields chromosome-scale genome assemblies. The service is ... workshop on Jan. 17 at the Plant & Animal ... . "We are thrilled to be ... our Dovetail Hi-C offering," said Todd Dickinson , ...
Breaking Medicine Technology: