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