SOC Telemed, a national provider of acute care telemedicine, announced that its stockholders approved the company’s acquisition by Patient Square Capital, a dedicated health care investment firm.
Under terms of the agreement announced in February, SOC Telemed stockholders will receive $3 in cash per share. That would give the deal an implied value of $302 million.
SOC Telemed expects to close the transaction within the coming days. Read more.
