Athenahealth shares have tumbled following recent media coverage that strategics such as UNH and Cerner are walking away from the process. Perhaps Elliott buying ATHN isn't the best-case-scenario for investors, but it's still a scenario that is worth examining.

Yum China plummeted to $30 last week after headlines that Hillhouse is ending its pursuit, but is the process truly over?

CBS: Is it now in play?