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Grindr expands beyond dating with $250 million telehealth acquisition of PurposeMed
Source: cnbc.com
M&A & RestructuringHealthcare & BiotechCompany Fundamentals
Grindr agreed to acquire PurposeMed, parent of HIV-prevention telehealth provider Freddie, for $250 million. The transaction is expected to close in the fourth quarter and expands Grindr's presence in healthcare and telehealth services.
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