WebMD Health Corp. In Talks With Walgreens, UnitedHealth For Sale [REPORT]

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Mani
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WebMD is reportedly in talks with Walgreens and UnitedHealth for a possible sale of all or part of its business, according to the Financial Times, which cites people close to the company. Reacting favorably to the news, WebMD’s shares jumped by over 5% to $56.13 in the early morning trading today. WebMD exploring sale WebMD, an online provider of healthcare-related information and advice, is said to be in discussions with a number of other potential buyers as well. However, the report indicated that WebMD could decide not to do anything after reviewing its options. Interestingly, both Walgreens and WebMD already work together on various…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports