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”