Healtheon says it plans to merge with WebMD

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Healtheon and WebMD are expected to merge in a 50-50 stock-swap deal. Healtheon had a loss of $54 million in 1998 with revenue of $48.8 million. WebMD lost $7.8 million and had revenue of only $75,000 for 9 months in 1998. The two are supported by Microsoft, Excite and Intel. WebMD already had alliances in place, such as one with DuPont Co. for life-sciences content to the Web site.

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Joining Healtheon Corp. in $5.5 billion stock deal

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U.S. clears Healtheon deal

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Healtheon/WebMD Corp. has received regulatory approval for its planned acquisition of Envoy Corp. Envoy is Quintiles Transnational Corp.'s electronic medical transaction division.

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Misys offers to buy DBS Management

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Misys PLC has made a formal offer to acquire DBS Management PLC. The bid stands at 75 million pounds (122.4 million euros).

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