Blackstone May Buy Emdeon For $3B

Blackstone is seeking to acquire Nashville-based Emdeon, The Wall Street Journal reports. 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 firms Hellman & Friedman and General Atlantic, respectively.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Financial Times.