WebMD confirms it will be acquired by KKR’s Internet Brands for $2.8 billion

WebMD Health Corp. confirmed today that KKR’s Internet Brands has offered to pay $2.8 billion to acquire the health services company. Internet Brands will pay $66.50 for each WebMD share, which closed last Friday at $55.19. The companies emphasized that the price is a 30 percent premium on WebMD’s share price from February 15, which … Continue reading WebMD confirms it will be acquired by KKR’s Internet Brands for $2.8 billion