Tivity will use the proceeds from the sale to pay down debt and help grow its health care business, according to the release. "With our continued strong results and an improved balance sheet ...

which will materially de-lever its balance sheet and provide additional financial flexibility to support the growth of its Healthcare Business. Richard Ashworth, CEO of Tivity noted that the ...

Improving the balance sheet seems like the top priority for Tivity right now, and a Nutrisystem sale is basically the only way to do it. That's a significant problem for the equity. It's not as if ...

The balance sheet still is leveraged at over 4x EBITDA. Tivity Health likely will generate solid free cash flow to drive its deleveraging, but consolidated growth is going to be minimal at best if ...

Tivity Health leaders said Monday they have signed a deal to sell their nutrition unit for $575 million, less than half the amount they paid for the Nutrisystem and South Beach Diet businesses ...

Tivity Health Inc. is buying weight-management firm Nutrisystem Inc. in a cash and stock deal the companies value at about $1.4 billion, the firms announced Monday. Tivity, however, lost almost a ...

The board of Tivity Health has hired an investment bank to explore options for the Nutrisystem business the local company bought a mere 15 months ago. Franklin-based Tivity paid $1.3 billion for ...

Shares of Tivity Health Inc. rallied 1.6% in premarket trading Tuesday, after the fitness, nutrition and social connection company announced an agreement to be acquired by private equity firm ...

Tivity Health Inc. said it is selling its nutrition business, which includes Nutrisystem and South Beach Diet, for $575 million cash to Kainos Capital, a food and consumer-focused private-equity ...

Tivity Health, a Franklin, Tennessee-based consumer health company, announced it will be purchased by private equity firm Stone Point Capital for $2 billion. The transaction with Greenwich ...

It's been a good week for Tivity Health, Inc. (NASDAQ:TVTY) shareholders, because the company has just released its latest yearly results, and the shares gained 4.3% to US$26.74. Statutory ...

The acquisition brings Burnalong under the umbrella of Tivity Health, a company with a similar wellness focus across several brands. Burnalong had previously partnered with the Franklin, ...