tivity health inc said tuesday it is being bought by funds managed by stone point capital under the terms of the agreement tivity health stockholders would get 3250 in cash per share representing a total transaction value of 2 billion upon completion of the transaction tivity health would become a privately held company and its common stock would no longer be traded on nasdaq the 3250 in cash per share to be received by tivity health stockholders represents a 20 premium to the 90day volumeweighted average price ending monday the transaction is expected to close in or prior to the third quarter of 2022 subject to the receipt of shareholder approval regulatory approval and other customary closing conditions richard ashworth would remain president and chief executive of tivity health and the company would maintain its headquarters in franklin tenn and its campus location in chandler ariz tivity health shares were halted at 3225 in premarket trading