Navigation Links
HLTH Corporation and WebMD Health Corp. Announce Agreement to Merge
Date:6/18/2009

ing Principles, HLTH's historical financial statements will become the financial statements of the combined company after the merger, adjusted only for the revised capital structure. The HLTH corporate expenses assumed by the combined company will be significantly reduced following a short transition period after the merger is completed and Porex is divested.

Completion of the merger is subject to HLTH and WebMD receiving required shareholder approvals. HLTH has agreed to vote its shares of WebMD in favor of the merger. HLTH's ownership of the WebMD Class B Common Stock represents approximately 96% of the outstanding WebMD voting interest. The transaction is expected to close in the third or fourth quarter of 2009. The precise timing will depend on, among other things, when the Registration Statement to be filed with respect to the transaction is declared effective by the Securities and Exchange Commission.

The terms of the merger agreement were negotiated between HLTH and a Special Committee of the Board of Directors of WebMD consisting of independent directors not affiliated with HLTH. The merger agreement was approved by the Board of WebMD based on the recommendation of the Special Committee and by the Board of HLTH. Raymond James and Associates, Inc. served as financial advisor to HLTH, and Morgan Joseph & Co. Inc. served as financial advisor to the WebMD Special Committee. Shearman & Sterling LLP served as legal counsel to HLTH, and Cahill Gordon & Reindel LLP served as legal counsel to the Special Committee.

About HLTH Corporation

HLTH Corporation (Nasdaq: HLTH) owns approximately 83% of WebMD Health Corp. (Nasdaq: WBMD). WebMD is the leading provider of health information ser
'/>"/>

SOURCE HLTH Corporation; WebMD
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. AMERIGROUP Corporation to Present at the 19th Annual Wachovia Mid-Year Equity Conference on June 24
2. Health Care Service Corporation Names Carolyn H. Clift as Senior Vice President and First Chief Diversity Officer
3. Baxa Corporation Releases IntelliFlowRx(TM) Upgrades
4. Chem Rx Corporation Extends Short-Term Forbearance Agreements with Lenders
5. Rochester Medical Corporation Set to Join Russell 3000 Index
6. CorVel Corporation to Adopt 10b5-1 Stock Repurchase Plan
7. Biomerix Corporation Receives ISO 13485 Certification
8. Providence Service Corporation Announces Preliminary Results of Annual Meeting of Stockholders
9. Ted Karkus and Karkus Slate of Directors Prevail in Federal Court, Seated as Directors of The Quigley Corporation; Ted Karkus Elected Chairman of the Board
10. Hospital Corporation of America Named to Computerworlds Annual List of Best Places to Work in Information Technology
11. Genaera Corporation Board of Directors Dissolves Corporation and Forms Liquidating Trust
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2015)... April 17, 2015 ERGO-Pedic Products, LLC, ... introducing two new products to help a broader range ... pain relief are the second most common visitors to ... product, designed specifically to help relieve sitting pain. Then, ... and thousands of happy customers later, we began getting ...
(Date:4/17/2015)... Florida Hospital Wesley Chapel, Florida Hospital ... Carrollwood were all selected as Top Workplaces in Tampa ... County, is ranked number one for large businesses according ... conducted in partnership with an independent research firm. Florida ... that opened in October of 2012 with a vision ...
(Date:4/17/2015)... 2015 In Defense of Christians (IDC) ... “On Wednesday April 15th, the European Parliament joined its ... recognizing the Armenian Genocide, “paying tribute, on the eve ... million innocent Armenian victims who perished in the Ottoman ... EU for this timely and needed recognition of a ...
(Date:4/17/2015)... Grand Rapids, MI (PRWEB) April 17, 2015 ... for CRUSH Grand Rapids, Saturday, April 25, 2015. The event ... at Reserve Wine & Food (201 Monroe Ave NW, Grand ... chefs from around the West Michigan area. Patrons are encouraged ... night of elegance and fun. , This year’s event will ...
(Date:4/17/2015)... Most dental patients are not aware that nearly ... by foreign dental laboratories, according to the U.S. International ... than 40 states by their respective state boards of ... has created the “What’s In Your Mouth?” ... consequences that could be associated with using poorly-made dental ...
Breaking Medicine News(10 mins):Health News:Seat Cushion Company Credits Customer Driven Design For Two New Products 2Health News:Tampa Bay Times Selects Florida Hospital Wesley Chapel, Florida Hospital at Connerton Long Term Acute Care and Florida Hospital Carrollwood As Top Workplaces in Tampa Bay 2Health News:Tampa Bay Times Selects Florida Hospital Wesley Chapel, Florida Hospital at Connerton Long Term Acute Care and Florida Hospital Carrollwood As Top Workplaces in Tampa Bay 3Health News:Tampa Bay Times Selects Florida Hospital Wesley Chapel, Florida Hospital at Connerton Long Term Acute Care and Florida Hospital Carrollwood As Top Workplaces in Tampa Bay 4Health News:In Defense of Christians Condemns Armenian Genocide 2Health News:In Defense of Christians Condemns Armenian Genocide 3Health News:Children’s Leukemia Foundation of Michigan Presents 3rd Annual CRUSH Grand Rapids 2Health News:National Association Urges Transparency in Dental Industry 2
... Carolina is simmering in the wake of a strong summer, ... No respite for sometime, weather experts predict//. They have forecasted ... the heat spell. , ,Though the temperatures are ... humidity levels have been rather high during this summer that ...
... British Medical Journal, said patients needed to be warned on ... after many weeks of their treatment. ,Radiation treatment ... warning by the doctors had come following the case where ... in Florida six weeks after his treatment. It was reported ...
... researchers have found that there is a direct link between ... sausage, hot dogs, ham, and smoked or cured// meat are ... between 1996 and 2003 containing 4,700 people. They found that ... the risk of stomach cancer by 15 to 38 percent. ...
... kidney disease in children and teens is poorly understood, ... scientists is launching the largest-ever study to learn more ... our knowledge, been a study designed to systematically assess ... with early kidney disease and to determine how these ...
... than one million new cases of skin cancer will ... early, this potentially deadly //condition is extremely treatable, averaging ... for skin cancer involve treating or removing both cancerous ... which treat only the cancerous cells. ,Speaking today ...
... feared for a while due to its eradication, yet people ... have not been vaccinated says a recent report.// ... which had spread after an unvaccinated teenager contracted the virus ... church gathering. This spurred a large outbreak in USA, which ...
Cached Medicine News:Health News:Children’s Center to Lead Largest-Ever Study on Kidney Disease in Childre 2Health News:Emerging Therapies for Skin Cancer Treatment 2Health News:Emerging Therapies for Skin Cancer Treatment 3Health News:Emerging Therapies for Skin Cancer Treatment 4
(Date:4/17/2015)... DUBLIN , Apr. 16, 2015 Research and ... addition of the "Corporate Reputation of Pharma in ... - 1st Edition" report to their offering. ... has compared opinions on the corporate reputation of the ... in mental health with the views of patient organisations ...
(Date:4/17/2015)... , April 17, 2015 Bionomics Limited ... and development of innovative therapeutics for the treatment of ... announced the presentation of data from three of its ... for Cancer Research (AACR) 106 th Annual Meeting ... Philadelphia, PA USA. The ...
(Date:4/16/2015)... Vanda Pharmaceuticals Inc. (Vanda) (NASDAQ: VNDA ... commercialization of products for the treatment of central nervous ... the first quarter of 2015 on Wednesday, May 6, ... Company will host a conference call at 4:30 PM ... management will discuss the first quarter 2015 financial results ...
Breaking Medicine Technology:Corporate Reputation of Pharma in 2014 - The Perspective of Mental Health Patient Groups - 1st Edition 2Corporate Reputation of Pharma in 2014 - The Perspective of Mental Health Patient Groups - 1st Edition 3Bionomics Showcases Oncology Drug Development Programs at 2015 AACR Annual Meeting 2Bionomics Showcases Oncology Drug Development Programs at 2015 AACR Annual Meeting 3Bionomics Showcases Oncology Drug Development Programs at 2015 AACR Annual Meeting 4Bionomics Showcases Oncology Drug Development Programs at 2015 AACR Annual Meeting 5Vanda Pharmaceuticals to Announce First Quarter 2015 Financial Results on May 6, 2015 2
... 2011 Life Technologies Corporation (Nasdaq: ... semiconductor sequencing chip will be available for early access ... and analysis software, providing up to 1Gb of data ... 314 chip introduced two months ago with the ...
... Omnicell, Inc ., (Nasdaq: OMCL ... healthcare facilities, today announced the results of a survey ... to identify trends in requirements for vendor interoperability and ... that the majority of hospitals recognize the critical role ...
Cached Medicine Technology:Life Technologies to Launch Ion 318 Chip in Second Half of 2011 with 1Gb of Data Output 2Life Technologies to Launch Ion 318 Chip in Second Half of 2011 with 1Gb of Data Output 3Life Technologies to Launch Ion 318 Chip in Second Half of 2011 with 1Gb of Data Output 475 Percent of Hospital IT Leaders View Interoperability Between Vendor Systems as Critical to Operational Effectiveness in Healthcare Settings 2
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
Medicine Products: