Her fra hestens egen mund (deres 425-formular fra i dag):
https://www.sec.gov/Archives/edgar/data/1477449/000110465920090577/tm2026658d2_425.htm

Under the terms of the agreement, which has been unanimously approved by the Board of Directors of each company, each share of Livongo will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration of $11.33 for each Livongo share, representing a value of $18.5 billion based on the closing price of Teladoc Health shares as of August 4, 2020. Upon completion of the merger, existing Teladoc Health shareholders will own approximately 58 percent and existing Livongo shareholders will own approximately 42 percent of the combined company.

Even Covid Can't Justify $18.5 Billion Telehealth Deal
https://www.bloomberg.com/opinion/articles/2020-08-05/covid-19-doesn-t-justify-teladoc-livongo-18-5-billion-merger

Teladoc bets big on online medicine with $18.5 billion Livongo deal
https://www.reuters.com/article/us-livongo-health-m-a-teladoc-health/teladoc-bets-big-on-online-medicine-with-185-billion-livongo-deal-idUSKCN2511ER

Jeg havde selv Veeva Systems $VEEV, men jeg kunne ikke retfaerdiggoere multiplerne over for mig selv og valgte at saelge. Den fortsaetter opad. Hvor rejsen ender maa heksene paa Bloksbjerg vide. Det er altid interessant, naar virksomheder med underskud ($LVGO og $TDOC) handles til svimlende milliarder og P/S-multipler over over 20. Nogle af dem bliver til svaner.