KKR To Buy WebMD For $2.8 Billion

Ted

FYI: (KKR is one of my income stock, that has had some nice capital appreciation in the last year coupled with a 3.52% dividend yield.)
.YTD 25.57%
.1 Year 33.55%
WebMD Health Corp. agreed to be taken private by buyout firm KKR & Co. for about $2.8 billion, five months after hiring bankers to explore a possible sale.

Stockholders of the online health information company will receive $66.50 a share in cash, according to a statement Monday. The price is 20 percent more than Friday’s closing level and 29 percent higher than where the shares traded in mid-February, when New York-based WebMD hired JPMorgan Chase & Co. to review strategic alternatives.
https://www.bloomberg.com/news/articles/2017-07-24/webmd-agrees-to-be-bought-by-buyout-firm-kkr-for-2-8-billion

BenWP

I have no stats to back up my opinion, yet I wonder if this is not an example of the disappearance of another small cap from the investable universe. Two places where I shop, Panera and Whole Foods, are being bought. Probably should follow Ted's example into private equity, the K-1 forms be damned.

Ted

@BenWP: The K-1 forms are well worth the effort especially when I have my tax accountant handle them. In addition to KKR, I own BK with a 6.25% yield and appreciation of YTD 27.88% and 1 year of 24.92%, and APO with a 7.05% yield and YTD return of 43.90% 1 year 66.83%
Regards,
Ted