Athenahealth chides Elliott Management’s takeover attempt

Published



Athenahealth on Thursday rebuffed claims that its shareholders were pressing the company to accept a $7 billion acquisition proposal from billionaire Paul Singer’s activist investor firm Elliott Management.

While the healthcare technology company is still considering the $160 per share cash offer, Athenahealth said it disagreed with a letter sent by Elliott on Thursday, which claimed that its stockholders were supportive of the deal.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.