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Technology Stocks : Healtheon Corporation (HLTH) -- Ignore unavailable to you. Want to Upgrade?


To: stock_bull69 who wrote (348)12/22/1999 5:58:00 AM
From: 2MAR$  Respond to of 861
 
Very good news for--> HLTH....Healtheon/WebMD to acquire Kinetra for
yahoo.cnet.com

$300 million ATLANTA--Healtheon/WebMD, which links doctors and insurers by the Internet, said it will buy Kinetra, a joint venture of Electronic Data Systems and drugmaker Eli Lilly and Co., for $300 million to expand the electronic transactions it processes for doctors.


As part of the all-stock agreement, Lilly agreed to spend $60 million during 3 years for advertising on Healtheon's Internet site and television programs and for use of its Web-site content. EDS, the second-largest U.S. computer-services company, and Healtheon will jointly develop Internet products.

....and coverage initiated by BB Rbrtsn Stphns:

biz.yahoo.com

Mars