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Fly News Breaks for October 21, 2016
WBMD, JCOM, EVDY
Oct 21, 2016 | 14:45 EDT
Citi analyst Mark Kelley downgraded Everyday Health (EVDY) to Neutral after the company announced an agreement with j2 Global's (JCOM) Ziff Davis to be acquired for $10.50 per share in cash. The analyst views the price as fair and does not expect WebMD (WBMD) to come in with a competing bid.
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