{"id":23900,"date":"2011-08-05T08:10:03","date_gmt":"2011-08-05T12:10:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23900"},"modified":"2011-08-05T08:14:50","modified_gmt":"2011-08-05T12:14:50","slug":"hedge-fund-giant-blackstone-acquires-3-billion-healthcare-stake","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/hedge-fund-giant-blackstone-acquires-3-billion-healthcare-stake.html","title":{"rendered":"Hedge Fund Giant Blackstone Acquires $3 Billion Healthcare Stake"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/08\/19247920_testworld_MM-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-23903\" title=\"medical\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/08\/19247920_testworld_MM-1.jpg\" alt=\"\" width=\"273\" height=\"291\" \/><\/a>New York (HedgeCo.net) &#8211; Emdeon Inc is to become to become a privately held company after entering into a definitive merger agreement with hedge fund Blackstone Capital Partners VI L.P. Blackstone will acquire a controlling interest in Emdeon in a transaction valued at approximately $3 billion.<\/p>\n<p>&#8220;We are thrilled to be investing in such a high quality company,&#8221; said Neil P. Simpkins, senior managing director of Blackstone. &#8220;Blackstone looks forward to supporting Emdeon and its experienced management team, in continuing to provide innovative products and services to the healthcare industry.&#8221;<\/p>\n<p>The transaction is expected to be completed in the second half of 2011. Following completion of the transaction, Emdeon will become a privately held company and its Class A common stock will no longer be traded on the New York Stock Exchange.<\/p>\n<p>Morgan Stanley acted as lead financial advisor and UBS Investment Bank acted as co-financial advisor to Emdeon&#8217;s Board of Directors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Emdeon Inc is to become to become a privately held company after entering into a definitive merger agreement with hedge fund Blackstone Capital Partners VI L.P. Blackstone will acquire a controlling interest in Emdeon in a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-23900","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=23900"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23900\/revisions"}],"predecessor-version":[{"id":23904,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23900\/revisions\/23904"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}