j2 Global and its subsidiary Ziff Davis completed the acquisition of Everyday Health. Following the completion of its successful tender offer to purchase all outstanding Everyday Health shares for $10.50 per share in cash, Ziff Davis acquired all remaining Everyday Health shares through a merger under Section 251(h) of the General Corporation Law of the State of Delaware.

At the effective time of the merger, all remaining shares of Everyday Health common stock not tendered into the tender offer and not owned by Ziff Davis were converted into the right to receive $10.50 in cash, which is the same price that was paid in the tender offer. As a result of the transaction, Everyday Health has become a wholly owned subsidiary of Ziff Davis.

MUFG served as administrative agent for a $225 million credit facility to support the transaction. The proceeds of the facility are being used to finance a portion of the cash consideration in the offer and the merger. MUFG and Citigroup Global Markets were joint lead arrangers for the facility.

“We are very pleased to add Everyday Health to our Ziff Davis portfolio and welcome Everyday Health’s customers, team, partners, technology and business to j2,” said Hemi Zucker, CEO of j2.

Vivek Shah, CEO of Ziff Davis, said, “The combination of our audiences, brands and employees at Everyday Health and Ziff Davis makes us an even more compelling and dynamic digital media company in the marketplace. Our scale, reach and capabilities across some of the most valued Internet verticals create a modern, powerful platform for our marketing partners.”

Ziff Davis, a subsidiary of j2 Global, is a global digital-media company operating in the technology, gaming, entertainment and lifestyle verticals.

j2 Global provides internet services through two divisions: Business Cloud Services and Digital Media.

Everyday Health is a provider of digital health marketing and communications solutions.