Edition:
United Kingdom

eHealth Announces Acquisition Of GoMedigap


Tuesday, 16 Jan 2018 

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​.