Tivity shares tumble on news of $1.3B deal for Nutrisystem

In a call with investors ahead of the opening bell Monday, Franklin-based Tivity Health Inc. CEO Donato Tramuto said the company ’s planned purchase of weight-management company Nutrisystem Inc. will benefit the company’s customers and investors alike. “We have a super-highway of members looking for additional ways to support a healthy lifestyle and we are constantly looking for better ways to serve them while also del ivering value for our customers and partners,” Tramuto said. “This transaction…
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