Evernorth acquisition of MDLIVE
We are advising MDLIVE on the transaction
Davis Polk is advising MDLIVE, Inc. on its acquisition by Evernorth. The transaction, which is expected to close in the second quarter of 2021, is subject to customary closing conditions.
MDLIVE offers convenient, affordable and contagion-free virtual healthcare services to over 60 million members nationwide. Evernorth, a wholly owned subsidiary of Cigna Corporation, brings together and coordinates premier health services offerings to deliver innovative and flexible solutions for health plans, employers and government programs.
The Davis Polk corporate team includes partners Harold Birnbaum and William H. Aaronson and associates Soo Lim and Christine Choi. Partner David R. Bauer is providing intellectual property advice. Partner William A. Curran and associate Danielle Rapaccioli are providing tax advice. Partner Veronica M. Wissel and associate Abigail Lane are providing executive compensation advice. Partner Ronan P. Harty is providing antitrust and competition providing advice. All members of the Davis Polk team are based in the New York office.