Elliott Management Releases Letter to the Board of athenahealth
Athena Technology Acquisition Corp. Class A (ATHN)
Last athena technology acquisition corp. class a earnings: 11/9 04:01 pm
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US:NASDAQ Investor Relations:
investor.athenahealth.com
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Source: Business Wire
Investment community feedback supports a sale process Elliott calls for athenahealth to commence a full process without further delay Full letter available at ElliottLetters.com/athenahealth NEW YORK--(BUSINESS WIRE)-- Elliott Management Corporation (“Elliott”) today sent a letter to the Board of Directors of athenahealth, Inc. (NASDAQ: ATHN) (the “Company” or “athenahealth”) following up on Elliott’s recent proposal to acquire athenahealth for $160 per share in cash. The letter aggregated for the Board the outpouring of positive reactions to Elliott’s offer specifically and to the prospect of a sale in general. These reactions included i) positive feedback from athenahealth shareholders, ii) published research from equity research analysts, iii) a survey of the broader investment community and iv) comments from informed media. According to the letter, the investment
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