Mergers & Acquisitions
We asked for your thoughts on athenahealth’s next steps now that Jonathan Bush stepped down as CEO, and the resounding majority said athenahealth should not sell to Elliott Management.
The acquisition of the company, which offers emergency department, anesthesiology, radiology and teleradiology and hospitalist services, is expected to close in the fourth quarter of 2018.
The former CEO wrote a sanguine letter to colleagues that acknowledged his shortcomings and struck an optimistic note about the EHR company’s future.
Analysts predict a final price will be more than the original $6.5 billion takeover bid while athenahealth's executive chairman Jeff Immelt says sale, merger or remaining independent are all options.
Interest in potentially disruptive technologies abound in the active M&A realm but so do security concerns and dissatisfaction.
With CEO Jonathan Bush now out, should athenahealth accept activist investor Elliott Management's $6.5 billion takeover bid?
Cloud-based EHR vendor’s board could also drag the process out long enough that Elliott Management rescinds its offer, Maralto Investments said.
The activist investor sends athena's board a letter showcasing an "outpouring of positive reactions" to a potential $160-per-share sale, but the company says it will take its time making a decision.
With $6.5 billion on the table, we take a look at what lead up to last week’s offer from Elliott Associates to take the cloud-based technology vendor private.
Activist investor blasts cloud-based EHR company for not responding a week after receiving the notice.