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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
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SOURCE HLTH Corporation
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