Hlth Corp Lets Go Of WebMD - George Gutowski

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Hlth Corp Lets Go Of WebMD
Oct 20, 2008 03:43 PM UTC

George Gutowski

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Symbol	Sentiment	Start	Return	Closed
HLTH	n/a
WBMD	n/a

Via Financial Skeptic:

Hlth Corp (HLTH) finally threw in the towel and stopped trying to take over WebMD (WBMD). WebMD understood financial health and had cash at hand. They also did not want to be saddled with debt. Pretty basic if you ask me. Why did it take so long to reach the obvious conclusion? Well you have the problem of the interlocking board members. Here is a partial list of directors on Hlth who also sit or have sat on WebMD - Mark Adler, James Manning, Neil Dimmick. What side is their bread buttered on?

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