Behavioral Health Business June 13, 2022
American Well Corp. (NYSE: AMWL) reportedly took a stab at getting the management of Talkspace Inc. (Nasdaq: TALK) to talk about a takeover deal.
However, Talkspace passed on the offer “before any numbers were discussed,” according to a report by the financial markets content service Seeking Alpha, citing unnamed sources.
If true, this would mark the second time that Talkspace, a New York-based virtual mental health company, rejected a potential suitor. Behavioral Health Business reached out to representatives of both companies but has yet to hear back from either.
At the end of May, reports emerged that Sacramento, California-based outpatient mental health clinic operator Mindpath Health and Talkspace were in deal talks. No deal materialized.
The Mindpath deal reportedly included...
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