DRAPER, Utah and SAN MATEO, Calif., July 30, 2019 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”) and WageWorks, Inc., (NYSE: WAGE) (“WageWorks”) today announced that they have received notification of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) at 5:04 p.m. on July 29, 2019 with respect to WageWorks’ pending acquisition by HealthEquity. HealthEquity and WageWorks have combined to create a new health savings and consumer-directed benefits partner for employers, benefits consultants, and health and retirement plan providers seeking to help working families connect health and wealth. In connection with the proposed transaction, WageWorks has filed relevant materials with the Securities and Exchange Commission (the “SEC”), including a proxy statement on Schedule 14A. HealthEquity-WageWorks Questioned HealthEquity in April made an unsolicited bid to buy WageWorks for $50.50 a share. HealthEquity. The definitive proxy statement and other relevant materials in connection with the proposed transaction (when they become available), and any other documents filed by WageWorks with the SEC, may be obtained free of charge at the SEC’s website (http://www.sec.gov) or at WageWorks’ website (http://www.wageworks.com) or by contacting WageWorks’ Investor Relations at ir@wageworks.com. The U.S. Securities and Exchange Commission said on Tuesday it had charged a former chief executive and a former chief financial officer of WageWorks Inc … HealthEquity and WageWorks have combined to create a new health savings and consumer-directed benefits partner for employers, benefits consultants, and health and retirement plan providers seeking to help working families connect health and wealth. Investor Relations Contact Richard Putnam 801-727-1209 rputnam@healthequity.com. Media Contact Stephanie Sonoda 801-727-1243 pr@healthequity.com. This communication is being made in respect of the proposed transaction involving WageWorks and HealthEquity. 語言協助 / 不歧視通知, HealthEquity and WageWorks Announce HSR Clearance, Language Assistance/Non-Discrimination Notice, Asistencia de Idiomas/Aviso de no Discriminación. HealthEquity members have access to its end-to-end platform and remarkable “purple” service to become consumers of healthcare while building health and retirement savings for tomorrow. WageWorks is now a part of HealthEquity. Payments can always be made by check, payable to HealthEquity and mailed with your monthly coupon (invoice statement) to: HealthEquity P.O Box 660212 Dallas Tx, 75266-0212. These documents may be obtained for free at the SEC’s website at www.sec.gov, and via the WageWorks’ Investor Relations section of its website at www.wageworks.com. HealthEquity’s commits to sharing insight and expert advice on how to benefit the most from your health accounts. Flexible Spending Accounts. For a detailed discussion of other risk factors, please refer to the risks detailed in HealthEquity’s and WageWorks’ respective filings with the Securities and Exchange Commission, including, without limitation, each company’s most recent Annual Report on Form 10-K and subsequent periodic and current reports. Factors that could cause actual results to differ include, but are not limited to: the conditions to the completion of the proposed transaction, including the receipt of all required regulatory approvals and approval of the stockholders of WageWorks; HealthEquity’s ability to finance the proposed transaction and its ability to generate sufficient cash flows to service and repay such debt; the ability of HealthEquity to successfully integrate WageWorks’ operations with those of HealthEquity; that such integration may be more difficult, time-consuming or costly than expected; that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers or suppliers) may be greater than expected following the proposed transaction or the public announcement of the proposed transaction; and the retention of certain key employees of WageWorks may be difficult. Neither HealthEquity nor WageWorks undertakes any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. HealthEquity is buying WageWorks in a deal the companies are valuing at about $2 billion, about two months after HealthEquity confirmed it had … Yes. HealthEquity and Wageworks A remarkable benefits partner. Investor Contact: Michael Smiley WageWorks… HealthEquity is the custodian of $8.3 billion in assets for 4.1 million HSA members nationwide. Contact for members | HealthEquity (1 days ago) For members, contact healthequity by phone or email. Sydney Issacs Abernathy MacGregor 713-999-5104 sri@abmac.com. For this market segment—typically small to medium-sized businesses—HealthEquity | WageWorks offers take care®, a product tailored to the unique needs of your clients. A remarkable benefits partner. Available to answer your questions — every hour of every day. HealthEquity and WageWorks have combined to create a new health savings and consumer-directed benefits partner for employers, benefits consultants, and health and retirement plan providers seeking to help working families connect health and wealth. We are available 24/7.*. *Excluding some holidays. Forward-looking statements should not be relied upon as representing views as of any date subsequent to the date of this press release. An industry leader, HealthEquity is the largest HSA administrator in terms of accounts and second largest in number of custodial assets.*. Language Assistance/Non-Discrimination Notice Gain visibility into program effectiveness. Media Contact Stephanie Sonoda 801-727-1243 pr@healthequity.com. Sydney Issacs Abernathy … © 2021 HealthEquity, Inc. All Rights Reserved. Sydney Issacs Abernathy MacGregor 713-999-5104 sri@abmac.com. WageWorks Inc, an administrator of employee benefits, confirmed on Monday that HealthEquity Inc, a U.S. custodian of health savings accounts, had offered to acquire it. HealthEquity and WageWorks. You should consult a professional advisor regarding your personal situation. These documents may be obtained for free at the SEC’s website at www.sec.gov, and via the WageWorks’ Investor Relations section of its website at www.wageworks.com. Important Additional Information and Where to Find It. rputnam@healthequity.com. HealthEquity Inc, a U.S. custodian of health savings accounts, has approached WageWorks Inc, an administrator of employee benefits, with an offer to acquire it, people familiar with the matter said on Monday. Download HealthEquity's mobile app for iPhone or Android. Member Services. BEFORE MAKING ANY VOTING DECISION, STOCKHOLDERS OF WAGEWORKS ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE PROPOSED TRANSACTION THAT WAGEWORKS WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT WAGEWORKS AND THE PROPOSED TRANSACTION. Frequently Asked Questions. Additional information regarding these individuals is set forth in WageWorks’ Annual Report on Form 10-K for the fiscal year ended December 31, 2018, which was filed with the SEC on May 30, 2019. WageWorks, Inc. (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs). Forward-looking statements reflect current expectations regarding future events, results or outcomes, and are typically identified by words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes. Media Contact Stephanie Sonoda 801-727-1243 pr@healthequity.com. Can I make a COBRA premium payment over the phone? HealthEquity | WageWorks is the provider of choice to many of the nation's largest and most innovative companies, Established in 2002, HealthEquity administers Health Savings Accounts and other consumer- directed benefits for our more than 12 million accounts in partnership with employers, benefits advisors, and health and retirement plan providers who share our mission to connect health and wealth. 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