After Earlier Rejection, Amwell Reportedly in ‘Advanced’ Talks to Acquire Talkspace for $200M

After a rocky year and a half on the public market, digital behavioral health company Talkspace (Nasdaq: TALK) may soon have a new owner. Multiple reports say the company is again the acquisition target of telehealth giant Amwell (NYSE: AMWL). According to those reports, Amwell has offered to buy the company for $1.50 per share – a premium for the struggling Talkspace. In response, Talkspace’s stock price has surged by more than 40% from about $0.60 per share on Friday to $0.81 per share Monday. Sources have described the discussions as “advanced,” with the deal for Talkspace totaling around $200 million.

Read the full article: After Earlier Rejection, Amwell Reportedly in ‘Advanced’ Talks to Acquire Talkspace for $200M //

Source: https://bhbusiness.com/2022/11/28/after-earlier-rejection-amwell-reportedly-in-advanced-talks-to-acquire-talkspace-for-200m

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