|Bid||0.00 x 29200|
|Ask||0.00 x 29200|
|Day's Range||51.34 - 51.35|
|52 Week Range||25.15 - 53.61|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||213.92|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||61.09|
HealthEquity, Inc. (HQY) ("HealthEquity" or the “Company”) today completed its acquisition of WageWorks, Inc., (WAGE) (“WageWorks”), to become a leading administrator of health savings accounts (“HSAs”) and complementary consumer-directed benefits (“CDBs”), including flexible spending and health reimbursement arrangements (“FSAs” and “HRAs”), COBRA and commuter benefits. The acquisition establishes HealthEquity as the complete partner for employers, benefits consultants, health and retirement plan providers seeking to help working families connect health and wealth.
NEW YORK, Aug. 29, 2019 -- Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of WageWorks, Inc. (NYSE:.
Under the terms of the agreement, HealthEquity will acquire all issued and outstanding shares of WageWorks for $51.35 per share in cash, representing a total enterprise value of approximately $2 billion. WageWorks, Inc. (WAGE) is a leader in administering Consumer-Directed Benefits (CDBs).
WageWorks Inc. said Tuesday it has received an unsolicited letter of interest from Mansa Parent Corp. that values the company at $58.58 a share. The company said its board has reviewed the letter and unanimously concluded that it "contains significant contingencies and is not reasonably expected to result in a superior proposal under the terms of WageWorks' previously announced merger with HealthEquity Inc. ." The board further concluded that the offer "does not constitute a true and serious proposal." The share price on offer is based on potential synergies of at least $110 million that would be generated from an acquisition by Mansa. The HealthEquity all-cash bid made in June values WageWorks at $51.35 per share, or a total enterprise value of about $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. WageWorks is holding a special meeting on Aug. 28 to allow shareholders to vote on that bid. Shares were up 0.4% premarket but have gained 89% in 2019, while the S&P 500 has gained 15%.
WageWorks, Inc. (“WageWorks”) (WAGE), a leader in administering Consumer-Directed Benefits, today disclosed it has received an unsolicited, non-binding letter of interest from Mansa Parent Corporation (“Mansa”). The WageWorks Board of Directors, in consultation with its financial and legal advisors and in line with its fiduciary duties, has carefully reviewed the letter of interest and unanimously concluded that it contains significant contingencies and is not reasonably expected to result in a superior proposal under the terms of WageWorks’ previously announced merger with HealthEquity, Inc. (HQY) ("HealthEquity"). In its August 26, 2019 letter, Mansa makes clear that the letter itself does not constitute a “firm offer or an intention to make any offer for WageWorks,” and is conditioned upon a 21-day due diligence period.
WageWorks receives an unsolicited and non-binding letter of interest from Mansa but says it 'unanimously rejects' the offer.
NEW YORK , Aug. 26, 2019 /PRNewswire/ -- Trinseo S.A. (NYSE:TSE) will replace WageWorks Inc. (NYSE:WAGE) in the S&P SmallCap 600 effective prior to the open of trading on Friday, August 30. S&P MidCap ...
WILMINGTON, Del., Aug. 19, 2019 -- Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District.
NEW YORK, Aug. 13, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or.
NEW YORK , Aug. 8, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City , is investigating potential claims involving the directors and officers ...
HealthEquity, Inc. (HQY) (“HealthEquity”) and WageWorks, Inc., (WAGE) (“WageWorks”) today announced that they have received notification of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) at 5:04 p.m. on July 29, 2019 with respect to WageWorks’ pending acquisition by HealthEquity. The early termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the transactions contemplated by the Agreement and Plan of Merger, dated as of June 26, 2019 (the “Merger Agreement”), by and among HealthEquity, WageWorks and Pacific Merger Sub, Inc., a wholly owned subsidiary of HealthEquity. The consummation of such transactions remains subject to other customary closing conditions set forth in the Merger Agreement, including receipt of the approval of the stockholders of WageWorks.
NEW YORK , July 26, 2019 /PRNewswire/ -- Caesars Entertainment Corporation (CZR) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the sale of CZR to ...
SAN MATEO, Calif., July 25, 2019 -- WageWorks, Inc. (NYSE: WAGE), today announced the launch of its Preferred Broker Program, providing brokers concierge service to better.
WILMINGTON, Del., July 16, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: WageWorks, Inc. (NYSE: WAGE) regarding possible breaches of fiduciary duties.
NEW YORK, NY / ACCESSWIRE / July 15, 2019 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Rudolph Technologies, Inc. (NYSE: RTEC) The investigation ...
WILMINGTON, Del., July 12, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: WageWorks, Inc. (NYSE: WAGE) regarding possible breaches of fiduciary duties.
NEW YORK, July 12, 2019 -- Halper Sadeh LLP, a global investor rights law firm, is investigating Aerohive Networks, Inc. (NYSE: HIVE), Oritani Financial Corp. (NASDAQ: ORIT),.
The company will use the Mesa location as its primary U.S. office, with plans to bring 500 workers to the site and hire 500 more.
From completing financial restatements to its impending acquisition, here's what investors need to know about the consumer-directed benefits company today.
NEW YORK , June 28, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
HealthEquity (HQY) is set to acquire WageWorks in an all-cash deal of about $2 billion. The buyout is expected to help HealthEquity to expedite the market-wide transition to HSAs.
BALA CYNWYD, PA / ACCESSWIRE / June 27, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of WageWorks, Inc. ("WageWorks" ...