December 10, 2018 / 11:08 AM / a year ago

Tivity Health to buy Nutrisystem for $1.4 bln

Dec 10 (Reuters) - Tivity Health Inc said on Monday it would acquire Nutrisystem Inc in a cash-and-stock deal that values the weight management product developer at $1.4 billion.

Nutrisystem shareholders will get $38.75 per share in cash and 0.2141 Tivity Health shares for each share of Nutrisystem common stock, Tivity said. (Reporting by Tamara Mathias in Bengaluru; Editing by Shounak Dasgupta)

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