Inovalon (INOV) Tops Q2 EPS by 2c

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Inovalon Holdings (INOV) Takeover 'Very Possible' - BTIG

July 27, 2021 1:23 PM EDT

BTIG analyst David Larsen reiterated a Buy rating on Inovalon Holdings (NASDAQ: INOV) following reports that a private equity firm could be in talks to acquire the business. The analyst views the rumors as "very possible and likely taking place."

Larsen commented, "Our view is that these discussions are in fact very possible and likely taking place, we believe that CEO Keith Dunleavy is a willing seller, and we have long-viewed INOV as being an excellent asset with extensive data-sets and capabilities. Our view is that it is normal for larger enterprises, private... More

Nordic Capital Said in Talks to Buy Inovalon (INOV) - Bloomberg

July 27, 2021 6:43 AM EDT

Private equity firm Nordic Capital is in advanced talks on a potential acquisition of Inovalon (NASDAQ: INOV), according to Bloomberg, citing people with knowledge of the matter. A final agreement hasn't been reached.

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