Gos­sip in Baby­lon: Dig­i­tal health com­pa­ny paints M&A ru­mors as flat-out wrong

Baby­lon is re­port­ed­ly con­sid­er­ing a sale or new fi­nanc­ing av­enues in the af­ter­math of a stock slump just quar­ters af­ter go­ing pub­lic via a SPAC, Bloomberg re­ports.

That’s gos­sip.

So the dig­i­tal health com­pa­ny claims — Baby­lon re­fut­ed the M&A ru­mors, twice. It put out state­ments two days in a row nix­ing the claims in the newswire re­port, which cites un­named sources who said the com­pa­ny is con­sid­er­ing “mul­ti­ple op­tions.”

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER