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Monday, May 7, 2018

=athenaHealth (ATHN) to be acquired by Elliott Management for $160/share



athenaHealth: Elliott Management confirms proposal to acquire athenahealth for $160/share in cash 
"For the past year, we have had extensive private engagement with athenahealth's management and the Board of Directors regarding the best path forward for the Company. This dialogue has been constructive, and we greatly appreciate how much time the management team, led by Jonathan, and the Board have invested in evaluating our perspectives as well as the perspectives of our fellow shareholders. Today, Elliott proposes to acquire athenahealth for $160 per share in cash. We believe we may also be able to substantially improve the proposed price with additional, private diligence....We strongly believe that this Proposal represents compelling, premium value to shareholders."

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