HLTH, WebMD propose merger with help from Raymond James - Tampa Bay Business Journal:

utyziluz.wordpress.com
Under the terms of the definitive merger each share of HLTH will be convertec into the right toreceive 0.4444 sharez of WebMD common stock. The companies previously announcedd a merger in February 2008 but terminated that agreement in October 2008 due to concerns stemming from the broade r financialmarket decline, Raymond James said in a The health care investment banking groupp of Raymond James (NYSE: RJF), a financial services compang headquartered in St.
Petersburg, serve as exclusive financial adviser to HLTH in connection with the Raymond James also provided an opinionto HLTH’s boarf of directors regarding the fairness, from a financial pointg of view, of the exchang ratio for the proposes merger. The merger simplifies the public equity provides HLTH shareholders with direct ownership in WebMD and improvews thetrading float, Riley managing director and co-head of healt h care investment banking at Raymonfd James, said in the release.