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TVTY News and Press, Tivity Health Inc. From 10/22/20

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Company Name: Tivity Health Inc.
Stock Symbol: TVTY
Market: NASDAQ
Website: tivityhealth.com

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TVTY - Tivity Health to Issue Third Quarter 2020 Financial Results After Market Close on November 5

Tivity Health to Issue Third Quarter 2020 Financial Results After Market Close on November 5 PR Newswire NASHVILLE, Tenn., Oct. 22, 2020 NASHVILLE, Tenn. , Oct. 22, 2020 /PRNewswire/ -- Tivity Health, Inc. (Nasdaq: TVTY) today announced that its financia...

TVTY - Tivity Health - Not A Nutritious Deal

Tivity is selling its Nutritisystem business at just over half a billion. The deal marks a very painful round trip transaction which cost the company and shareholders more than $700 million! While leverage is addressed on an absolute basis, the reduction in leverage ratios is much...

TVTY - M&A Activity Expected To Surge As Independent Health Systems Look Acquisitions

Palm Beach, FL – October 20, 2020 – Because the COVID-19 pandemic has resulted in significant financial challenges for the healthcare industry, smaller independent health systems will need to pursue partnerships to survive. Much of the financial hardship that hospitals and hea...

TVTY - Tivity Health to divest nutrition business for $575M

Tivity Health (TVTY) has agreed to sell its nutrition business, including its Nutrisystem and South Beach Diet franchises, to private equity shop Kainos Capital for $575M in cash. The transaction should close this quarter.Proceeds will be used to pay down debt.Shares up 8% premarket...

TVTY - Kainos Capital to Acquire Nutrisystem

Kainos Capital to Acquire Nutrisystem Transaction Builds on Firm's Extensive Experience in Health and Wellness; Supported by Structured Investment from MSD Partners PR Newswire DALLAS, Oct. 19, 2020 DALLAS , Oct. 19, 2020 /PRNewswire/ -- Kainos Capit...

TVTY - Tivity Health Announces Sale of Nutrition Business

Tivity Health Announces Sale of Nutrition Business Tivity Health to Become the Modern Destination for Healthy Living, with a Focus on Senior and Older Adult Fitness and Social Engagement Solutions Spanning In-Person and Digital Offerings at Scale PR Newswire NASHVILLE, T...

TVTY - SilverSneakers Opens the 2020 Medicare Advantage Annual Election Period with Virtual Fitness Solutions for Seniors

SilverSneakers Opens the 2020 Medicare Advantage Annual Election Period with Virtual Fitness Solutions for Seniors SilverSneakers hosts over 2,500 virtual events every week with more programs planned for 2021 PR Newswire NASHVILLE, Tenn., Oct. 15, 2020 NASHVILL...

TVTY - Nutrisystem Announces New Biodegradable, Eco-Friendly Cooler

Nutrisystem Announces New Biodegradable, Eco-Friendly Cooler PR Newswire PHILADELPHIA, Sept. 29, 2020 PHILADELPHIA , Sept. 29, 2020 /PRNewswire/ -- Nutrisystem ® , a Tivity Health ® brand, announced today the launch of its new biodegrada...

TVTY - Nutrisystem Debuts Its Body Select Program In Walmart Stores And On Walmart.com

Nutrisystem Debuts Its Body Select Program In Walmart Stores And On Walmart.com Nutrisystem Will Further Expand into Retail Throughout the Remainder of 2020 with Amazon, Target.com and Select Grocery Chains PR Newswire PHILADELPHIA, Sept. 23, 2020 PHILADELPHIA ...

TVTY - SilverSneakers Announces National Inspiration Award Winner

NASHVILLE, Tenn. , Sept. 15, 2020 /PRNewswire/ --  SilverSneakers ®  by Tivity Health, the nation's leading community fitness program for older Americans, announced today the national winner of the 2020 SilverSneakers Swanson Inspiration Award . Mobile, Ala., re...

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