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November 15, 2018

Reports: Watertown's athenahealth in talks to be acquired by Veritas, Elliott

Private equity firm Veritas Capital and activist hedge fund Elliott Management are reportedly in advanced talks to acquire Watertown-based health care IT company athenahealth Inc. for an undisclosed price.

Bloomberg and Reuters each reported on the deal talks Wednesday, citing anonymous sources. According to the Bloomberg report, Elliott would increase its stake in athenahealth (Nasdaq: ATHN) through the deal.

Spokespeople for athenahealth, Elliott and Veritas were not immediately available for…

Source: Boston Biz

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