Healthcare M&A: Transcarent paying $621M to acquire Seattle-based health benefits firm Accolade

Seattle-based Accolade is set to go private again in a deal to be acquired by Transcarent that brings together two health benefits companies. Transcarent will acquire Accolade for $7.03 per share in cash, representing a total equity value of $621 million, and a premium of about 110% over Accolade’s closing stock price Tuesday.

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