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MILE - Is Lemonade's Upcoming Acquisition of Metromile Good News for Investors?
Metromile Inc.
On Nov. 8, Lemonade (NYSE: LMND) announced that it would be acquiring Metromile (NASDAQ: MILE) in an all-stock transaction that's expected to close in the first half of 2022. In this segment of Backstage Pass , recorded on Nov. 12 , Fool contributors Toby Bordelon and Jon Quast respond to a member's question about the terms of the upcoming deal.