The company has been formally exploring a sale since June, when CEO Jonathan Bush stepped down following allegations of misconduct.
By Ed Hammond and Scott Deveau|November 12, 2018 at 10:31 AM
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Private-equity firm Veritas Capital and Elliott Management Corp. will acquire Athenahealth Inc. for $135 per share, ending a months-long, sometimes-contentious process to push the health records company into a sale.
The all-cash transaction values Athenahealth at about $5.7 billion, the firms said in a statement announcing the transaction Monday. The price is a 12 percent premium to where the shares closed on Friday.
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