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Convey Health to be taken private by TPG at $1.1B enterprise value; stock surges premarket

  • Convey Health Solutions (NYSE:CNVY) stock surged ~139% premarket on Tuesday after the firm said TPG Capital will acquire its shares not owned by TPG for $10.50/share in cash at an enterprise value of ~$1.1B.
  • The deal value represents ~143% premium to CNVY's

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