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Healtcare AthenaHealt M&A

|Includes: athenahealth, Inc. (ATHN)

Few days ago AthenaHealth rose the most in five months after Elliott said it had amassed a 9.2 percent economic interest in.
Elliot thinks they're undervalued but stock trades at 60x forward earnings (aggressive estimates) and 84x cash flow. In addition they posted a net loss of 1.4 million dollars for the 2017 Q1.
Anyway this could be a big Deal in healtcare compart, and Elliot or not Elliot AthenaHealt should not have trouble finding a buyer.