Blackstone to Buy Majority Stake in Software Company HealthEdge
Deal values HealthEdge at around $700 million, including debt, a person familiar with the matter says
Blackstone Group Inc. is buying a majority stake in a health-care software company—the latest example of its strategy to invest in fast-growing firms.
The private-equity giant is buying a stake in HealthEdge, which makes administrative software for health insurers, Blackstone said Monday. The Wall Street Journal reported earlier on the deal.
The...
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