Healthways (HWAY) Announces Acquisition of Navvis & Company
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Healthways (Nasdaq: HWAY) announced today that the Company has signed a definitive agreement to acquire Navvis & Company.
Consideration for the acquisition is $28.7 million, comprised of $23.7 million in cash and $5 million in Healthways common stock.
Healthways expects the transaction to close by the end of August, subject to customary closing conditions, and to have a negligible impact on earnings per diluted share for fiscal 2011.
Consideration for the acquisition is $28.7 million, comprised of $23.7 million in cash and $5 million in Healthways common stock.
Healthways expects the transaction to close by the end of August, subject to customary closing conditions, and to have a negligible impact on earnings per diluted share for fiscal 2011.
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