WELL Health Technologies Corp T.WELL

Well.to Takeover target

[SmartmoneyZ]

Anyone have an idea on what level Well needs to reach to become a takeover target for a large American healthcare co?

[monty613]

they're already there - $400-$500MM in Revenues and EBITDA of ~$100MM attracts eyes of Private Equity (ie. take private deal) and other public issuers. WELL is a bit of a mixed bag of assets, though. telehealth/digital assets, Canadian clinics (not sure if any US player wants these), and then CRH Medical which is big enough to be its own public issuer. the good news is both CRH and MyHealth

[Aarman4]

With all due respect Monty613, I am unsure if you have watched Hamed's interviews and answers on this very subject. He has touched on it several times in the last year, and has made it somewhat clear that he desires to take, and sees well becoming a $20+ billion company, and Canadian icon. Now, he has never said no, and his previous company, TIO, was bought out, but he definitely seems to be

[Mikerich]

You're probably right however it's amazing how the right offer can change everything......

[SmartmoneyZ]

What wouldd the share price look like at that point? Well is already showings its a first in class Healthcare company! I'm impressed. I've been riding it and buying more since $4.30 :)

[Aarman4]

Personally, I dislike takeovers. I've invested in WELL to make serious returns, not to have them clipped early by large acquisition companies, haha. Cheers!

[monty613]

I have seen the multiple interviews referencung this but I still feel that given the outsized insider ownership, Hamed et al are building this company to eventually sell or spin off a division. When that is, who knows.The company has a few former investment bankers working for them, and at least one on their board, and I know how these people think. WELL is a multiple arbitrage play. They are