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In 2017, Internet Brands, a company owned by private-equity firm Kohlberg Kravis Roberts (KKR) agreed to purchase WebMD Health Corporation for approximately $2.8 billion. [6] In May 2021, WebMD acquired the print magazine and website for patients with ADHD and parents of children with ADHD, ADDitude. [8]
Oct 8, 2024 · WebMD is owned by KKR & Company Inc., an investment firm based in New York City. The company also owns Medscape , EMedicineHealth.com, and MedicineNet. Revenue is derived through advertising and sponsored content.
Jul 24, 2017 · Private-equity firm KKR (NYSE: KKR) on Monday announced plans to acquire WebMD Health (NASDAQ: WBMD), a U.S. online health publisher, in an all-cash deal valued at about $2.8 billion. WebMD...
Jul 24, 2017 · Private equity group KKR unveiled plans on Monday to buy health information website WebMD in a deal valued at $2.8bn. New York-based KKR said that it agreed to pay $66.50 a share in cash to buy...
Jul 24, 2017 · Under KKR’s ownership, WebMD will become part of Internet Brands, a holding company that spans a wide range of high-traffic consumer sites, from health-related properties like DentalPlans.com...
Jul 24, 2017 · J.P. Morgan Securities LLC is serving as the exclusive financial advisor to WebMD and Shearman & Sterling LLP is serving as legal advisor. Simpson Thacher & Bartlett LLP is serving as...
Jul 24, 2017 · First, KKR and portfolio company Internet Brands have agreed to buy WebMD (NASDAQ: WebMD), the provider of an online database of health information, for $66.50 per share, or about $2.8 billion. The take-private deal represents a 30% premium to WebMD’s closing price February 15, just before the sale process was announced, and a 20% premium to ...