Brief: Limeade Says WebMD Health Services To Acquire Co For A$0.425 Per Share

Limeade

08/06/2023 23:37

June 9 (Reuters) - Limeade Inc  LME.AX :
    * 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:  ID:nASX8F7TTs 
Further company coverage:  LME.AX 

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