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athenahealth to Acquire Epocrates for $11.75/Share in Cash

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WATERTOWN, Mass.--(BUSINESS WIRE)--

athenahealth,
Inc. (NASDAQ: ATHN), a leading provider of cloud-based electronic
health record (EHR),
practice management, and care
coordination services to medical groups and health systems, today
announced that it has signed a definitive agreement to acquire
Epocrates (NASDAQ: EPOC), a mobile health pioneer widely recognized for developing
the most-widely adopted point-of-care medical application among U.S.
physicians.

The board of directors of each of athenahealth and Epocrates has agreed
to a price of $11.75 per share, in cash, for an aggregate purchase price
of approximately $293 million. The purchase price represents a 22
percent premium over the closing price per share of Epocrates on NASDAQ
on

See full press release

Posted-In: News Guidance Contracts Management Global

 

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