The 1 Reason Why Teladoc Health and Livongo Were So Eager to Merge
The coronavirus pandemic has driven demand for telehealth services to an all-time high, but the U.S. market leader isn't resting on its laurels. Shareholders of Teladoc Health (NYSE: TDOC) recently approved the telehealth service provider's merger with Livongo (NASDAQ: LVGO), an innovative digital health business that helps people manage chronic medical conditions.
These two businesses were performing well on their own, leading some investors to wonder if the deal will work out in their favor. In this Fool Live video, Healthcare and Cannabis Bureau Chief Corinne Cardina and longtime Motley Fool contributor Cory Renauer discuss the key reason these two digital health businesses were so eager to combine.
Source Fool.com
