BRIEF-Limeade Says WebMD Health Services To Acquire Co For A$0.425 Per Share

Reuters

Jun 09, 2023

June 9 (Reuters) - Limeade Inc :

* WEBMD HEALTH SERVICES TO ACQUIRE LIMEADE FOR A$0.425 PER SHARE/CDI IN CASH

* ENTERED INTO A DEFINITIVE MERGER AGREEMENT PURSUANT TO WHICH WEBMD WILL ACQUIRE LIMEADE

* TRANSACTION IS EXPECTED TO CLOSE IN Q3 CY2023

* OFFER PRICE IMPLIES A FULLY DILUTED MARKET CAPITALISATION FOR LIMEADE OF A$111.5 MILLION AND AN ENTERPRISE VALUE OF A$112 MILLION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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