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Biotech / Medical : WebMD Health Corp
WBMD 66.480.0%Sep 18 5:00 PM EST

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To: Still Rolling who wrote (35)8/17/2000 7:30:09 PM
From: Kip518   of 326
 
August 17, 2000 18:55
Healtheon/WebMD, Medical Manager and CareInsite Announce
Termination of HSR Waiting Period

ATLANTA, and ELMWOOD PARK, N.J., Aug. 17 /PRNewswire/ -- Healtheon/WebMD Corporation (Nasdaq: HLTH), Medical Manager Corporation (Nasdaq: MMGR), and CareInsite, Inc. (Nasdaq: CARI) today announced that the Department of Justice has terminated the Hart Scott Rodino pre-merger waiting period for the merger transactions between Healtheon/WebMD, Medical Manager and CareInsite and that the Department of Justice has decided not to proceed further with its review of the transaction. Termination of the waiting period was a condition to consummation of the mergers. The mergers remain subject to approval of the companies' shareholders. Shareholder meetings to approve the mergers are scheduled for September 12, 2000 and the companies expect the mergers to be completed shortly after the meetings.
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