Telemedicine company MDLive is planning for a public offering early next year, CEO Charles Jones told Stat Thursday.What Happened The executive disclosed that the offering is still in early stages and is planned for January or February next year, according to Stat.Jones said his decision to take MDLive public was reinforced by rival telemedicine company Teladoc Health Inc’s (NYSE: TDOC) planned .5 billion acquisition of Livongo Health, Inc (NASDAQ: LVGO).Teladoc expects to bring in $990 million in revenue for 2020, whereas MDLive is in line to bring in $120 million, Stat noted.A key difference between the two companies is that …read more
Source:: Yahoo Finance
