Betaville

RARE ALERT: WebMD said to ... part 2

Oh look - I see WebMD has announced it has struck a deal with US buy-out giant KKR to sell itself for around $2.8 billion.

Little old Betaville is particularly pleased that this deal has been announced. Why? Well, for a start it confirms a Betaville Intelligence piece published a couple of weeks ago. Here is a link to that piece:..

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RARE ALERT: WebMD said to ...

The auction for WebMD, the US financial health publisher, is said to be entering the final stages and a deal may be announced soon.

Sources claiming to be familiar with the matter said the preferred bidder for the business could be made public in the next few weeks.

Dealreporter previously reported in March that WebMD had hired bankers from JP Morgan to run a strategic review, with the company seeking an offer 20pc higher than its valuation...

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