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

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    09/06/23
    08:40
    Post #: 68209033

    June 9 (Reuters) - Limeade Inc (LME) :

    • 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
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