Athenahealth's $5.7 Billion Sale, Blue Wave Benefits Munis, IPhone Hangs Up on Suppliers

Published: Nov. 12, 2018, 9:21 p.m.

Nabila Ahmed, Bloomberg News M&A Reporter, breaks down news that private-equity firm Veritas Capital and Elliott Management will acquire Athenahealth for $135 per share, ending a months-long, sometimes-contentious process to push the health records company into a sale. Charles Doraine, CEO at Doraine Wealth Management, discusses how Democratic control of Congress will impact municipal bonds. Bloomberg Stocks Editor Dave Wilson, shares his “Chart of the Day” about U.S. growth-stock dominance over value echoes late 1990s. Hannah Levitt, Bloomberg News Banking Reporter, says Wall Street stock traders, money managers, commercial bankers, underwriters and even bean counters are poised for bigger year-end bonuses.Ryan Vlastelica, Bloomberg News Equities Reporter, explains how Apple suppliers are being hurt by signs of weak iPhone demand. And we Drive to the Close of markets with Kevin Divney, Senior Portfolio Manager at Russell Investments. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan