NeueHealth Inc Completes Merger with New Enterprise Associates
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NeueHealth Inc has successfully completed its merger with an affiliate of New Enterprise Associates, valuing the company at approximately $1.496 billion. Following the merger, NeueHealth's common stock has ceased trading on the NYSE, and the company will suspend its SEC reporting obligations. The executive leadership team will retain their roles in the newly private company. Analyst ratings for NEUE stock indicate a Hold with a $6.50 price target, while Spark's AI Analyst rates it as Neutral, citing significant financial challenges despite positive sentiment from recent earnings calls.
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