Steve Case’s RevolutionHealth Hires Banker, Sale Possible: Report

image More signals that the revolution is on hold. Last month we noted that Steve Case’s ambitiously named Revolution Health was moving out of the B2B business and laying off 20 percent of the workforce. We also mentioned that the company as according various strategic options. Now there’s a report that makes this sharper: Workforce Management magazine says that Revolution has hired an investment bank to explore a possible sale or merger. The story says the company hired Morgan Stanley in the spring to help it raise capital, but that it has shifted focus.

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