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WageWorks (WAGE) approached by HealthEquity (HQY)

  • April 30, 2019


StockWageWorks, Inc.SymbolWAGE
Date Announced04/29/2019Source Press Release
TypeUnsolicited BidAcquiring Company/Person HealthEquity, Inc.
Date of Confirmation: 06/27/2019Price at Confirmation: $51.65
Potential Profit: 5.86%Annualized Profit: 36.26%

WageWorks, Inc. (WAGE), a leader in administering Consumer-Directed Benefits, confirms that it has received an unsolicited, non-binding proposal from HealthEquity, Inc. (HQY).

Update (s):

April 30, 2019: HealthEquity, Inc. (HQY), the nation’s largest independent health savings account custodian, today confirmed that it has made a proposal to acquire all of the outstanding shares of WageWorks, Inc. (WAGE) for $50.50 per share in cash.

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