Health portal WebMD to be sold for $2.8 billion dollars

Health information portal, WebMD, has agreed to a sale of its assets, valued at $2.8 billion dollars.

Private equity firm, KRR, will be paying a 20.% premium on the WebMD stock price.

The sale will take WebMD, which had an IPO in 2005, to the next operational level, as it manages 75 million monthly users.

KRR will add to its already owned brands, such as, and

For more information on the planned sale of, click here.

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