WebMD Health Holdings files for IPO

Healthcare services and information technology developer WebMD, parent company of WebMD Practice Services, reported that its wholly owned subsidiary, WebMD Health Holdings, has filed a registration statement with the U.S. Securities and Exchange Commission relating to an initial public offering of Class A common stock.

WebMD Health is the firm's Web portal business unit. The Elmwood, NJ-based WebMD said that shares of stock in WebMD Health will be newly issued shares.

By AuntMinnie.com staff writers
May 13, 2005

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