Longview Acquisition announced today that its stockholders voted to approve the proposed business combination with Butterfly Network, with nearly 100 percent of Longview shares voted in favor of the deal.
Announced in November, the enterprise value of the merger is $1.5 billion, with the combined company expected to have an estimated $584 million in cash after closing. The new company expects to list on the NYSE under BFLY.
Butterfly is a medical imaging company backed by Baillie Gifford, The Bill and Melinda Gates Foundation and Fosun Industrial. Read more.
