| WebMD Health announced the final results of its tender offer to purchase up to 5,700,000 shares of its common stock at a price of $37.00 per share, which expired at 5:00 p.m., New York City time on December 10, 2009. Based on the final tabulation by American Stock Transfer & Trust Company, the Depositary for the tender offer, 5,954,251 shares of WebMD common stock were properly tendered and delivered. Of the approximately 1,222,000 shares tendered pursuant to guarantees of delivery from banks and brokers, approximately 400,000 shares were not delivered to the Depositary within the applicable three trading day settlement period. WebMD intends to vigorously pursue its rights to enforce those guarantees. :theflyonthewall.com |
