Athenahealth jumps 4% after Bloomberg says private equity deal is close - InvestingChannel

Athenahealth jumps 4% after Bloomberg says private equity deal is close

Veritas Capital has teamed up with Elliott Management to bid for Athenahealth, Bloomberg reports, citing people familiar with the matter. The talks are in an advanced stage and would involve Elliott, which already owns 9% of the healthcare technology company, investing more for a larger ownership stake alongside Veritas, sources told Bloomberg. Shares of Athenahealth are up 4%, or $4.52, to $128.24 following the report.