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Blackstone May Buy Emdeon For $3B

Blackstone is seeking to acquire Nashville-based Emdeon.

    Blackstoneis seeking to acquire Nashville-basedEmdeon,The Wall Street Journalreports. The private equity group will pay $3 billion for the healthcare technology provider and its debt.

    Presently, the market capitalization of Emdeon stands at almost $1.2 billion, with $956 million of debt. Around 13% and 54% of the company’s stake is owned by private equity firmsHellman & FriedmanandGeneral Atlantic, respectively.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromFinancial Times.

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