Emdeon (EM) Shares Jump 13-14% Following News of Blackstone (BX) $19/Share Bid

August 4, 2011 9:29 AM EDT
Shares of Emdeon (NYSE: EM) surging pre-market following news Blackstone (NYSE: BX) will buy the company for $19 per share. The stock last traded at $18.39, up 13 percent from Wednesday's closing price.

Shares of Blackstone are down about 1.3 percent in pre-open trade.


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