Veritas Capital, Elliott to buy Athenahealth for $5.7 billion
Share:
(Reuters) - Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion (4.4 billion pounds), the U.S. healthcare software maker said on Monday.The all-cash deal values Athenahealth at $135 per share, representing a premium of 12.2 percent to the stock's closing price on Friday.Reuters reported on Sunday that Athenahealth had agreed to a takeover.Athenahealth had been under pressure from Elliott to sell itself since the hedge fund..