HealthEquity to Acquire WageWorks Accelerating Market-Wide Transition to HSAs
HealthEquity, Inc. (HQY)
Last healthequity, inc. earnings: 3/16 04:04 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
DRAPER, Utah and SAN MATEO, Calif., June 27, 2019 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the nation's largest independent health savings account ("HSA") non-bank custodian, and WageWorks, Inc., (NYSE: WAGE) (“WageWorks”), a leader in administering HSAs and complementary consumer-directed benefits (“CDBs”), today announced that they have entered into a definitive agreement under which HealthEquity will acquire all of the issued and outstanding shares of common stock of WageWorks for $51.35 per share in cash, representing a total enterprise value of approximately $2 billion. The all-cash offer represents a 28% premium to the volume weighted average closing price of WageWorks shares for the 30 trading days prior to HealthEquity’s acquisition proposal becoming public on April 29, 2019. The acquisition is expected to give HealthEquity access to more of the fast-growing HSA market by expanding its direct distribution to employers and benefits advisors as a
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- HealthEquity CMO Tia Padia Named "Visionary CMO" at MarCom AwardsGlobeNewswire
- Strength Seen in HealthEquity (HQY): Can Its 3.5% Jump Turn into More Strength? [Yahoo! Finance]Yahoo! Finance
HQY
Earnings
- 9/3/24 - Beat
HQY
Sec Filings
- 11/12/24 - Form 8-K
- 11/8/24 - Form 4
- 10/11/24 - Form 4
- HQY's page on the SEC website