$TDOC - On our trading list. Growing by acquisition now as they announced over the weekend they are buying Touch Health. This is a longer-term health care growth pick.Teladoc Health to acquire InTouch Health in $600M dealTeladoc Health announced it has entered into a definitive agreement to acquire InTouch Health. The transaction is expected to close by the end of Q2, subject to customary closing conditions. Under the terms of the agreement, the purchase price of $600M will consist of approximately $150M in cash and $450M of Teladoc Health common stock. InTouch Health is expected to generate 2019 revenues of approximately $80M, growing approximately 35% versus the prior year. Upon closing of the transaction, Teladoc Health will provide an updated full-year 2020 financial outlook and guidance for the combined company after adopting recent U.S. GAAP accounting pronouncements as well as completing valuation and related purchase accounting considerations for InTouch Health. $TDOC, Teladoc Health, Inc. / H1 Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page