Implied premium of LVGO Offer price

If the same exchange offer for each LVGO share was made (1 LVGO share = 0.592*TDOC share + $11.33) on the first of the last 6 months the premium would have been as follows:

April 01 287%
May 01 194%
June 01 93%
July 01 73%
Aug 01 19%
Aug 04 10%.

Since TDOC is also a high growth stock (although not as high as LVGO in the last couple of months, perhaps in anticipation of the merger) the deal does not look bad for LVGO share holders.

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