athenahealth Enters Definitive Agreement to be Acquired by Veritas Capital For $135 Per Share in Cash
Retrieved on:
Monday, November 12, 2018
Under the terms of the agreement, athenahealth shareholders will receive $135 in cash per share.
Key Points:
- Under the terms of the agreement, athenahealth shareholders will receive $135 in cash per share.
- Following the closing, Veritas and Evergreen expect to combine athenahealth with Virence Health ("Virence"), the GE Healthcare Value-based Care assets that Veritas acquired earlier this year.
- Following the completion of the transaction, Virence's Workforce Management business will become a separate Veritas portfolio company under the API Healthcare brand.
- "athenahealthisa market leader and a natural and strategic fit with Virence,"said Ramzi Musallam, CEO and Managing Partner of Veritas Capital.