January 16, 2018 / 9:42 PM / 9 months ago

BRIEF-eHealth Announces Acquisition Of GoMedigap

Jan 16 (Reuters) - Ehealth Inc:

* EHEALTH, INC. ANNOUNCES ACQUISITION OF GOMEDIGAP TO FURTHER ACCELERATE EXPANSION OF MEDICARE SUPPLEMENT STRATEGY

* EHEALTH INC - ‍DEAL FOR $20 MILLION IN CASH AND EHEALTH COMMON STOCK​

* EHEALTH INC - ‍EHEALTH EXPECTS ACQUISITION OF GOMEDIGAP TO BE ACCRETIVE TO COMBINED COMPANY’S EARNINGS​

* EHEALTH INC - EXPECTS ACQUISITION OF GOMEDIGAP TO BE ACCRETIVE TO COMBINED COMPANY’S EARNINGS

* EHEALTH INC - ‍EHEALTH EXPECTS TO FUND PURCHASE PRICE THROUGH EXISTING CASH BALANCES​

* EHEALTH INC - ‍GOMEDIGAP’S CO-CEOS WILL JOIN EHEALTH EXECUTIVE TEAM AND WILL CONTINUE TO MANAGE GOMEDIGAP’S MEDICARE SUPPLEMENT BUSINESS​ Source text for Eikon: Further company coverage:

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