May 7, 2018 Sophia Vida
Biotech & Pharma

Elliott Management Makes Unsolicited Bid to Take Athenahealth Private

Athenahealth shares saw big gains on Monday after it was revealed that hedge fund Elliott Management, has proposed an unsolicited bid for the company for $160 a share. The all cash offer values Athenahealth at $6.9 billion including debt. Compared to this past Friday’s closing price, the offer is roughly a 27% premium. According to … Continue reading “Elliott Management Makes Unsolicited Bid to Take Athenahealth Private”