The hedge fund run by Paul Singer is looking to acquire Athenahealth. Photo: Heidi Gutman/CNBC/NBCU Photo Bank via Getty Images

Paul Singer's hedge fund, Elliott Management, has made an offer to buy Athenahealth in a $6.5 billion all-cash deal and harshly criticized the electronic health record company in a letter to shareholders. CNBC first reported the news.

Between the lines: Athenahealth has already improved its profitability since Elliott made its hostile stake last year. Now it's up to Athenahealth's shareholders and co-founder Jonathan Bush to agree to a deal, and it's worth watching whether Elliott has bigger plans of turning Athenahealth over to a bigger tech company.

Go deeper

Obama: The rest of us have to live with the consequences of what Trump's done

Photo: Joe Raedle/Getty Images

Campaigning for Joe Biden at a car rally in Miami on Saturday, Barack Obama railed against President Trump's response to the coronavirus pandemic, saying "the rest of us have to live with the consequences of what he's done."

Driving the news: With less than two weeks before the election, the Biden campaign is drawing on the former president's popularity with Democrats to drive turnout and motivate voters.

Murkowski says she'll vote to confirm Amy Coney Barrett to Supreme Court

Sen. Lisa Murkowski. Photo: Alex Edelman/AFP via Getty Images

Sen. Lisa Murkowski (R-Alaska) said Saturday that she'll vote to confirm Judge Amy Coney Barrett to the Supreme Court on Monday, despite her opposition to the process that's recently transpired.

The big picture: Murkowski's decision leaves Sen. Susan Collins (R-Maine) as the only Republican expected to vote against Barrett.