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KKR to Buy WebMD for $2.8 Billion
By and
Updated on
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Buyout firm adding WebMD to growing Internet Brands business
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Technology co-head Chen says unit has ‘global footprint’
KKR to Buy WebMD for $2.8 Billion
KKR & Co. agreed to buy WebMD Health Corp. for about $2.8 billion as the private equity firm bets on a digital future for health care.
Acquiring the online health information provider will help KKR grow its Internet Brands business, which owns other health-care sites as well as legal, auto and travel brands, according to the buyout firm’s co-head of technology, Herald Chen.
