Morning Brief: Elliott Pushes Athenahealth About Its Takeover Offer

The activist firm said it is not satisfied with the health care software company’s response to its offer.

Elliott Management continues to turn up the heat on Athenahealth. In a new letter to the board, the sometime-activist admonished the company for not responding to its $160 takeover offer from last week except for its “cursory, boiler-plate press release.” The hedge fund said it has not received direct communication “despite our emails and messages” offering to discuss next steps or to answer any questions regarding its proposal.

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