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GoHealth ( (GOCO) ) has issued an announcement.
GoHealth, Inc. has successfully completed its acquisition of e-TeleQuote Insurance, Inc., enhancing its position in the Medicare insurance market and adding valuable assets, including a contract worth over $100 million and $18 million in cash. The acquisition, which was finalized on September 30, 2024, also expands GoHealth’s agent capacity and capabilities ahead of a busy enrollment season, positioning the company to efficiently manage customer acquisition costs and capitalize on market opportunities. The integration of e-TeleQuote into GoHealth’s existing platforms is expected to drive innovation, revenue growth, and long-term shareholder value.
For detailed information about GOCO stock, go to TipRanks’ Stock Analysis page.