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Athenahealth surges over Elliott’s $6.46 billion takeover bid

Bloomberg Athenahealth Inc. surged after activist investor Elliott Management Corp bid to acquire the medical company for $160 a share, saying executives had “failed to correct a host of operational issues.” Elliott, the New York hedge fund led by billionaire Paul Singer, said that it made an all-cash takeover offer, which would value Athenahealth at $6.46 billion. Athenahealth, which makes ...

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Trump’s approach to foreign policy will hurt US economy

President Donald J Trump recently wrapped up a three-week whirlwind of summitry, meeting with the leaders of Japan, France and Germany. If his visitors found the experience bewildering, who can blame them? In the past few months the president has repudiated much of what the US once believed about international relations. He’s advocated trade war as an instrument of policy. And ...

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FB’s new focus neglects how it makes money

I spent the last couple of days at F8, Facebook’s annual tent revival for developers. I’ve consistently found F8 to be the place where Facebook gives the clearest elucidation of how the company sees itself and what it wants to be. This year, Facebook set its renewed mission of connecting people, but this goal comes with a conundrum. CEO Mark ...

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