Shearman & Sterling represented WebMD Health Corp.(WebMD) in its tender offer to purchase up to 5,800,000 shares of its common stock, approximately 11% of the company's currently outstanding shares. The offer is subject to customary terms and conditions and has no minimum condition.

WebMD is the leading provider of health information services, serving consumers, physicians, healthcare professionals, employers and health plans through its public and private online portals and health-focused publications. The WebMD Health Network includes WebMD Health, Medscape, MedicineNet, eMedicine, eMedicine Health, RxList, theHeart.org and drugs.com.

The Shearman & Sterling team was led by New York mergers & acquisitions partner Robert Katz and NY M&A associates Michael Brueck, Gaurav Sud and Cody Wright. Other attorneys involved in the transaction are partner Don Lonczak (Washington, DC-Tax) and associates Ethan Harris (Washington, DC-Tax) and Amy Gitlitz (New York-Executive Compensation & Employee Benefits).