HEALTHEQUITY MAKES $2 BILLION BUYOUT OFFER FOR WAGEWORKS

HealthEquity, a major provider of tax-advantaged health savings accounts, has its eyes set on buying WageWorks for $2 billion. WageWorks has not accepted the offer as of yet.
HealthEquity CEO Jon Kessler founded WageWorks, which helps companies manage tax-free commuter benefits for employees in addition to health savings accounts.