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Elliott Says Athenahealth Isn’t Engaging in Takeover Talks

(Bloomberg) Elliott Management Corp. said it has heard nothing from Athenahealth Inc. or its board after proposing on May 7 to acquire the health technology company for $6.46 billion. “Since that time, we have heard nothing from the company beyond its cursory, boilerplate press release,” Jesse Cohn, an Elliott partner and senior portfolio manager, said in a letter to Athenahealth’s board Monday. The New York hedge fund run by billionaire Paul Singer offer would take the company private for $160 a share.

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