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Rather than have two publicly traded companies, HLTH(HLTH Quote) and its subsidiary WebMD(WBMD Quote) decided to simplify.
This morning, HLTH and WebMD announced an agreement to merge in a tax-free, all-stock deal, with the surviving company being the more well known WebMD brand. WebMD is known for its trough of online health information.
At the beginning of 2008, the companies had agreed to a cash and stock merger, only to see the deal fall apart in the fall because because of the economic slowdown. ...
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