Wednesday, August 3, 2011

Emdeon Jumps On Takeover Speculation

Shares of Emdeon Inc. (NYSE: EM) jumped more than 6% on Tuesday after New York Post reported that Blackstone (NYSE: BX) has made a $3 billion bid for the healthcare software vendor. Emdeon Inc. provides revenue and payment cycle management solutions that connect payers, providers, and patients in the United States healthcare system.

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