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Goldman sells final stake in former independent-research partner

Started by riky, March 17, 2013, 08:00:17 AM

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riky

Goldman sells final stake in former independent-research partner

<p><a href="http://news.yahoo.com/goldman-sells-final-stake-former-independent-research-partner-230332761--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/SnjzEsiyh2OU.Q_YtBqXBg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-03-15T230332Z_1_CBRE92E1S2B00_RTROPTP_2_GOLDMAN.JPG" width="130" height="86" alt="A Goldman Sachs sign is seen over their kiosk on the floor of the New York Stock Exchange" align="left" title="A Goldman Sachs sign is seen over their kiosk on the floor of the New York Stock Exchange" border="0" /></a>By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc received $32.5 million for its remaining stake in Epocrates Inc, after the healthcare technology company was acquired by athenahealth Inc , according to a securities filing on Friday. Goldman had originally acquired 3 million shares in Epocrates for $40 million in 2007, as part of its plan to build out an independent-research arm called Hudson Street. The business sold institutional investors information from a variety of firms that collected data and performed market analysis. ...</p><br clear="all"/>

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