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Teladoc acquires Livongo at $18.5B in digital health merger.



Teledoc Health has announced it will acquire Livongo Health for $18.5 billion in a deal that is a mix of cash and stock. Shares of Teledoc dropped nearly 20% following the announcement of the deal because shareholders feel that the valuation of the Livongo, which has run up over 400% for the year, is excessive.


Both companies have benefited from the pandemic because they specialize in providing digitally focused healthcare.

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