WebMDJuly 24 (Reuters) - Online health publisher WebMD Health Corp said on Monday it agreed to be bought by private equity firm KKR & Co in a deal valued at about $2.8 billion. The deal brings together WebMD's websites, such as WebMD.com, Medscape.com and MedicineNet.com, and those owned by KKR unit Internet Brands Inc, including DentalPlans.com and AllAboutCounseling.com. KKR will pay $66.50 per share, a premium of 20.5 percent to WebMD's Friday closing price.
Webmd Has Agreed To Sell Itself To A Private-equity Firm For $2.8 Billion (wbmd)
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Mon, 07/24/2017 - 4:43am
Topics: webmdjuly online corp co medicinenet internet brands inc dentalplans allaboutcounseling.com founded webmd also the new york-based february j.p morgan securities llc shearman sterling llp simpson thacher bartlett llp internet brands reporting ankur banerjee bengaluru saumyadeb chakrabarty)now watch roomba reuters kkr medscape internet brands agreed firm billion health deal adviser percent advertising company websites medical legal
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