Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Feb. 3, 11:15 AM
| This Slide: #77 of 100 |
Slide #77. Voya Financial, Inc. — Benefitfocus, Inc.
Acquirer:
Voya Financial, Inc.
Acquiree:
Benefitfocus, Inc. (NASDAQ:BNFT)
Details:
Benefitfocus, Inc. (NASDAQ: BNFT) announced that at a special meeting today, Benefitfocus's stockholders approved the previously announced merger agreement related to the proposed acquisition of Benefitfocus by Voya Financial, Inc. Subject to the terms and conditions of the merger agreement, at the effective time of the merger, each share of Benefitfocus common stock will be cancelled and converted into the right to receive $10.50 in cash.
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Avg. Broker Rec.
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Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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