KKR Nears Deal to Buy WebMD
KKR is nearing a deal to buy WebMD Health, according to people familiar with the matter.
The New York-based health-information provider, which has been running an auction after publicly putting itself in play earlier this year, could announce the deal as soon as Monday, the people said.
Terms couldn't be learned. WebMD had a market value of about $2 billion Friday after running up on hopes of a sale.