This excerpt taken from the WBMD 10-Q filed Nov 9, 2007.
There may be negative impacts on HLTH and WebMD as a result of proposing the Potential Merger Transaction
As a result of HLTHs intention to propose the Potential Merger Transaction and the process expected to follow from that, the financial results and operations of HLTH and WebMD may be adversely affected by the diversion of management resources to that process and uncertainty regarding the outcome of the process. For example, such process could lead us to lose or fail to attract employees, customers or business partners. Although we intend to take steps to address these risks, there can be no assurance that any such losses or distractions will not adversely affect the operations or financial results of HLTH and WebMD.