Merger activity decreased last week with three new deals announced and six deals completed.
Tivity Health (TVTY)
Originally known as American Healthways, Tivity Health was founded in 1981. The company provides fitness, health improvement and social engagement solutions through programs that include
The company reviewed various strategic alternatives after receiving an unsolicited proposal from Stone Point Capital. Tivity’s Board agreed that Stone Point’s bid was best suited for the company and entered into a definitive agreement to be acquired by Stone Point on April 5, 2022 in an all cash deal worth $32.50 per share. The deal is expected to close in the third quarter of 2022.