Health portal WebMD to be sold for $2.8 billion dollars


Health information portal, WebMD, has agreed to a sale of its assets, valued at $2.8 billion dollars. Private equity firm, KRR, will be paying a 20.% premium on the WebMD stock price. The sale will take WebMD, which had an IPO in 2005, to the next operational level, as it manages 75 million monthly users. […]

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