Talkspace’s shares jumped by 36 percent on Nov. 28 after a report from Israeli business publication Calcalist said Amwell was in discussions to buy the company for $1.50 a share, which reflects a value of $200 million.
Neither company has confirmed the buyout.
The possible deal comes after a report came out in June stating that Talkspace had received an offer from Amwell, but declined.
Talkspace went public last summer through a merger with SPAC Hudson Executive Investment Corp. in a deal that valued the company at $1.4 billion, including debt.
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