Tivity Health: exploring best ways to deploy capital, including M&A

Tivity Health (TVTY) says it has been exploring the best ways to deploy capital, including strategic acquisition opportunities, particularly in nutrition. Says believes Nutrisystem (NTRI) is the best partner for Tivity. Comments taken from the Tivity Health conference call discussing its agreement to acquire Nutrisystem at an enterprise value of $1.3B in cash and stock. In pre-market trading, shares of Nutrisystem surged 27%.
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