Tivity Health acquired Nutrisystem for $1.4bn.

Tivity Health, a leading provider of fitness and health improvement program, acquired Nutrisystem, a leading provider of weight management products and services, for $1.4bn. Nutrisystem shareholders will receive $38.75 per share in cash and 0.2141 Tivity Health shares for each share of Nutrisystem stock. The transaction values Nutrisystem approximately $47.00 per share. "The acquisition of Nutrisystem is an exciting and transformational event for Tivity Health as we expand our portfolio of healthy lifestyle brands," said Donato Tramuto, Tivity Health's Chief Executive Officer. "Tivity Health and Nutrisystem share the same mission-driven culture and have highly talented, motivated colleagues. Tivity Health has the opportunity to accelerate its already impressive growth with the addition of Nutrisystem. Our combined platform has the potential to attract new users, increase enrollment, and enhance engagement among the loyal customers and members of both companies."