WebMD Announcement
PR NEWSWIRE - December 20, 2000 12:56
ELMWOOD PARK, N.J., Dec 20, 2000 /PRNewswire via COMTEX/ -- WebMD Corporation (Nasdaq: HLTH) announced today that W. Michael Long, Chairman of WebMD, has sold 359,000 shares of WebMD common stock. The shares were acquired earlier this year through exercise of an incentive stock option and had to be liquidated because of tax ramifications. The majority of the shares sold by Mr. Long were purchased by Martin J. Wygod, CEO of WebMD, and the remainder were purchased by an undisclosed buyer.
About WebMD
WebMD provides connectivity and a full suite of services to the healthcare industry that improve administrative efficiencies and clinical effectiveness enabling high-quality patient care. The Company's products and services facilitate information exchange, communication and transactions between the consumer, physician and healthcare institutions. |
