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Thursday, September 14, 2017

Equity Corporate Actions Alert #2017 - 21
(UPDATED) Information Regarding the Tender Offer of WebMD Health Corp. (WBMD)

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  • Industry Announcement

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The tender offer by Internet Brands, a KKR Portfolio Company to acquire all of the outstanding shares of WebMD Health Corp. (WBMD) at $66.50 per share has expired. The subsequent merger is tentatively expected to be completed today, Friday, September 15, 2017, subject to the completion of outstanding closing conditions. The details are as follows:

Company Name: WebMD Health Corp.
Issue: Common Stock
CUSIP: 94770V102
Symbol: WBMD
Merger Consideration: $66.50 per share
Anticipated Marketplace Effective Date for Suspension: September 18, 2017

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