Behavioral Health Business November 28, 2022
After a rocky year and a half on the public market, digital behavioral health company Talkspace (Nasdaq: TALK) may soon have a new owner. Multiple reports say the company is again the acquisition target of telehealth giant Amwell (NYSE: AMWL).
According to those reports, Amwell has offered to buy the company for $1.50 per share – a premium for the struggling Talkspace. In response, Talkspace’s stock price has surged by more than 40% from about $0.60 per share on Friday to $0.81 per share Monday.
Sources have described the discussions as “advanced,” with the deal for Talkspace totaling around $200 million.
This news comes as the New York City-based Talkspace faces the possibility of being delisted from Nasdaq. Earlier this...
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