The Traderszone Network

Published in TZ Latest News 30 July, 2017 by The TZ Newswire Staff

KKR’s Buyout of WebMD Is Part of a Big, Long-Term Trend

In this segment from Market Foolery, host Chris Hill and Million Dollar Portfolio‘s Jason Moser consider the win that shareholders in WebMD (NASDAQ: WBMD) got Monday, when KKR (NYSE: KKR) agreed to buy it at a 20% premium. The buyer gets a valuable media property with a unique network, but it’s a win for the target, too — being a publicly traded business just isn’t as much fun as it used to be.

A full transcript follows the video.

read more