Report: WebMD Puts Itself For Sale, Walgreens, United Health Potential Buyers

Shares of WebMD Health Corp. WBMD hit a new 52-week high of $58.25 shortly after the start of Thursday's trading session after the Financial Times reported that the company is exploring a potential sale of itself. The Financial Times, citing "people close to the company," reported that the online health information company has been talking to several companies that may be interested in acquiring the company. The publication added that Walgreens Boots Alliance Inc WBA could be interested in acquiring to expand its already existing relationship which includes a virtual wellness-coaching program. UnitedHealth Group Inc UNH was also named as a potential acquirer of WebMD. However, the Financial Times added that "people familiar with the situation" said that WebMD could scrap all plans and "not do anything" following a strategic review of all of its available options.