Extend Health to price $75 million initial public offering of stock

Morgan Stanley, Barclays Capital and Wells Fargo Securities assist

By Devika Patel

Knoxville, Tenn., Jan. 6 - Extend Health, Inc. will price a $75 million initial public offering of common stock, according to a Form S-1 filed Friday with the Securities and Exchange Commission.

Morgan Stanley, Barclays Capital and Wells Fargo Securities are the underwriters.

Proceeds will be used for working capital and general corporate purposes.

Based in San Mateo, Calif., Extend Health helps Medicare-eligible retirees find and choose Medicare or individual health insurance plans.

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