trending Market Intelligence /marketintelligence/en/news-insights/trending/-U-qmjctggpCSe2zEqhlkQ2 content esgSubNav
In This List

Janus Henderson pushing for athenahealth sale

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Janus Henderson pushing for athenahealth sale

Janus Henderson Group PLC urged healthcare technology company athenahealth Inc. to take part in a formal sale process.

During talks with athenahealth's board, Janus Henderson expressed concerns over the athenahealth management's execution of strategic initiatives. Janus Henderson said that athenahealth shareholders should engage with third parties making offers for the company and open up a broader sales process as those moves are in their best interest.

Earlier in May, Elliott Management proposed to buy athenahealth in a take-private transaction and expressed concerns over the healthcare technology company's lack of communication and willingness to take part in such transactions.

Janus Henderson disclosed that it owns 4,789,251 common shares, or a 11.9% stake, of athenahealth as of May 15.