Stocks in play: LifeWorks, Inc.
Announced that TELUS Corporation has entered into a definitive agreement with LifeWorks, pursuant to which TELUS will acquire all of the issued and outstanding common shares of LifeWorks for $33.00 per LifeWorks common share, representing total offer consideration of approximately $2.3 billion, and the assumption of net debt of approximately $600 million, subject to required court, LifeWorks shareholder, stock exchange and regulatory approvals. LifeWorks, Inc. shares T.LWRK are trading unchanged at $18.20.
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