Navigation Links
HLTH Corporation Sells its Minority Interest in Emdeon Business Services to General Atlantic and Hellman & Friedman for $575 Million
Date:2/11/2008

ELMWOOD PARK, N.J., Feb. 11 /PRNewswire-FirstCall/ -- HLTH Corporation (Nasdaq: HLTH) today announced that it has completed the sale, for $575 million in cash, of its 48% minority interest in Emdeon Business Services to General Atlantic LLC and Hellman & Friedman LLC. General Atlantic previously acquired a 52% majority interest in Emdeon Business Services from HLTH in November 2006.

Martin J. Wygod, Chairman and Acting CEO of HLTH, said: "HLTH is very pleased to complete the sale of its minority interest in Emdeon Business Services to General Atlantic and Hellman & Friedman. We have worked closely with General Atlantic over the past year to further solidify Emdeon Business Services' market leadership. HLTH and WebMD look forward to continuing to work with Emdeon in our ongoing product development and marketing relationships."

In the November 2006 transaction, HLTH received approximately $1.2 billion in cash and retained a 48% interest in Emdeon Business Services. As a result of the completion of the sale of that 48% interest, HLTH has received total proceeds of approximately $1.775 billion in cash for Emdeon Business Services.

About HLTH

HLTH Corporation's (NASDAQ: HLTH) businesses are comprised of WebMD Health Corp., (NASDAQ: WBMD), ViPS and Porex. WebMD provides healt
'/>"/>

SOURCE HLTH Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Triple-S Management Corporation Reports Record Consolidated Operating Income, Net Income and EPS for 2007
2. Torchmark Corporation to Present at Merrill Lynch Insurance Investors Conference
3. MedCath Corporation Reports First Quarter Earnings
4. Otter Tail Corporation Reports Record Revenues and Net Income From Continuing Operations for 2007; Earnings Per Share of $1.78; Board Approves Dividend Increase
5. STERIS Corporation Promotes Timothy L. Chapman to Group President of Healthcare
6. Volcano Corporation Selects Xactly to Drive Strategic Sales Performance Management
7. CRH Medical Corporation announces substantial increase in patient visits
8. Medical Simulation Corporation and the American Board of Internal Medicine Introduce New Simulation for Physician Assessment and Evaluation
9. Providence Service Corporation to Present at the 2008 UBS Global Healthcare Services Conference on February 11
10. Triple-S Management Corporation to Present at UBS Global Healthcare Conference
11. Mirixa Corporation Announces Leadership Change

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/8/2009)... AARP Praises House Passage of Health Care Reform...n Medicare, improve coverage for all Americans ,...re/ -- ,, SUMMARY: Last night the United Sta...h care reform legislation that would strengthen Me...ance companies that prices millions of Americans o...
(Date:11/8/2009)... WASHINGTON, Nov. 8 Spe...ess conference following the House passage of H.R.... The bill passed by a vote of 220 to 215. Below ...ome of my colleagues just received a call from the...gratulating us on a great victory for the American...
(Date:11/8/2009)... Men’s Health Network (M...ealth risks, especially those linked to exposure t...military service. Bladder cancer is one of those c...s, especially those who once smoked or currently s...gton DC (PRWEB) November 8, 2009 -- Men’s He...
(Date:11/8/2009)... WASHINGTON, Nov. 7 USA...e Health Care for America Act, which will make hea...ance companies accountable and increase access to ...blic option. ,, "Teddy Roosevelt, FDR and Harry...ector Alan Charney. "Today,s vote ranks among our ...
(Date:11/8/2009)... Health Care Vote Shows Who Sides With Working Fa...Pa., Nov. 8 On the heel...epresentatives for a good, balanced health care re...coring of how our state,s U.S. representatives vot...ica Act. ,, The legislation, which passed Satu...
Breaking Medicine News(10 mins):Health News:AARP Pennsylvania Key Vote News Alert 2Health News:AARP Pennsylvania Key Vote News Alert 3Health News:AARP Pennsylvania Key Vote News Alert 4Health News:Veterans' Day Reminder from Men's Health Network: Pay Attention to Bladder Cancer Symptoms and Risk Factors 2Health News:Veterans' Day Reminder from Men's Health Network: Pay Attention to Bladder Cancer Symptoms and Risk Factors 3Health News:Robert Brady (D-PA-1), Chaka Fattah (D-PA-2), Kathy Dahlkemper (D-PA-3), Joe Sestak (D-PA-7), Patrick Murphy (D-PA-8), Christopher Carney (D-PA-10), John Murtha (D-PA-12), Paul Kanjorski (D-PA-11), Allyson Schwartz (D-PA-13), Mike Doyle (D-PA-14) Ge 2
...ng to the study conducted by Jennifer D. Thomas, a...e University it was found that alcohol exposure re...These kids develop fetal alcohol spectrum disorder...ssion symptoms, abnormal brain wave activity, fra...
...earch conducted by the scientist at the Monell Che...ism behind the detection of sweet// taste by human... saccharin used in high concentration it losses it...e mouth with water, resulting in the aftertaste ex...
...est figures compiled by National AIDS Control Orga... data collection strategy, have shown that an esti...th HIV. This clearly indicates that the number of ...ed by the deadly virus. It is estimated 38% of fem...
... Sally Field was just short of another milestone, ... had been diagnosed with Osteoporosis.//Osteoporos...inning of the bones which enhances the risk of bon...we are young is faster than bone loss. But this pr...
...ng to Libyan officials the five Bulgarian nurses a...eds of Libyan children with HIV will face a new tr...an foreign ministry said the trial in Libya would ...ere tortured into confessing. The allegation...
...t Coordinator Jan Vandemoortele and Lt. Gen. Nadee...n and Reconstruction Authority (ERRA) has announce...from the devastating earthquake. The new plan for ...itation system, skill training, teachers training ...
Other Medicine News:Health News:Alcohol Intake During Pregnancy Is Bad For The Baby’s Hear 2Health News:Understanding how humans detect sweet taste 2Health News:HIV/AIDS On The Rise In India 2Health News:Make No Bones About It: Actress Sally, Fields Osteoporosis Like A star! 2
(Date:11/6/2009)...INGTON, Nov. 6 America,...l working group of mid-market and smaller innovato...ns about H.R. 3962, the "Affordable Health Care fo... Thursday. These smaller companies fear that the ...3962 will hinder their efforts to bring new medici...
(Date:11/6/2009)...NGTON, Ky., Nov. 6 Virtu...VHGI) confirmed today that the previously confirme... assets to Wound Management Technologies, Inc (WND...irectors and shareholders of VHGI. ,, Shareh...tial stock dividend, royalty stream and cash reali...
(Date:11/6/2009)...ARCH TRIANGLE PARK, N.C., Nov. 6 C...ng orally-available antiviral therapeutics to addr...n the development of the company,s lead antiviral ... (WHO) and the Global Health Security Initiative (... being developed for the treatment of smallpox, as...
Breaking Medicine Technology:Statement of America's Specialty Medicines Companies On House Health Care Bill (H.R. 3962) 2OTCBB-VHGI Updates Shareholders on Status of Healthcare Asset Sale and Treasure Gulch Gold Mine Development Strategy 2OTCBB-VHGI Updates Shareholders on Status of Healthcare Asset Sale and Treasure Gulch Gold Mine Development Strategy 3OTCBB-VHGI Updates Shareholders on Status of Healthcare Asset Sale and Treasure Gulch Gold Mine Development Strategy 4Chimerix Updates the World Health Organization and the Global Health Security Initiative on Development of CMX001 as a Broad-Spectrum Therapeutic for Smallpox 2Chimerix Updates the World Health Organization and the Global Health Security Initiative on Development of CMX001 as a Broad-Spectrum Therapeutic for Smallpox 3CareFusion Corp to be Included in S 26P 500 Index 55322 1CareFusion Corp to be Included in S 26P 500 Index 55322 2Nuvilex to Issue Positive Shareholder Newsletter 55318 1Nuvilex to Issue Positive Shareholder Newsletter 55318 2Nuvilex to Issue Positive Shareholder Newsletter 55318 3Nuvilex to Issue Positive Shareholder Newsletter 55318 4Nuvilex to Issue Positive Shareholder Newsletter 55318 5Tamoxifen May Up Risk of Second More Aggressive Breast Cancer 55316 1Tamoxifen May Up Risk of Second More Aggressive Breast Cancer 55316 2
...ay 20 /PRNewswire/ -- Ridge Diagnostics, Inc., a... clinical studies for its first-in-class, propriet... will be presented during a poster session entitle...gnosis, Treatment and Management of Major Depressi...ion Annual Meeting, May 20, 2009. , , The blood ...
... 20 /PRNewswire-FirstCall/ -- GeoVax Labs, Inc....blicly traded biopharmaceutical company developing...n Immunodeficiency Virus) and other infectious age...f the internationally acclaimed rock band Styx, ha...advocate of the Company,s promising HIV/AIDS Vacci...
Other Medicine Technology:Ridge Diagnostics, Inc. Clinical Data on Blood Test for Depression Presented at American Psychiatric Association Annual Meeting 2Chuck Panozzo, Founder of Rock Band Styx, Joins GeoVax Labs, Inc. as an Advocate for Its HIV/AIDS Vaccine 2Chuck Panozzo, Founder of Rock Band Styx, Joins GeoVax Labs, Inc. as an Advocate for Its HIV/AIDS Vaccine 3Chuck Panozzo, Founder of Rock Band Styx, Joins GeoVax Labs, Inc. as an Advocate for Its HIV/AIDS Vaccine 4
Thru-The-Lens Headlight/Video Camera System
Maxenon Xi 300
TrueView Sport
TrueView Classic
Medicine Products: