Group of buyers submitted a non-binding proposal to acquire remaining stake in GoHealth, Inc. (NasdaqCM:GOCO) for approximately $330 million on May 18, 2023. Buyers collectively own 77.6% of the issued and outstanding shares of GoHealth. Buyers proposed to acquire remaining shares in GoHealth for cash consideration of $20.00 per share or unit. Independent members of GoHealth's Board will review the proposal in due course. Centerbridge?s investment committee has approved the submission of this Proposal. Proposal is subject to the completion of confirmatory due diligence and the negotiation and execution of mutually acceptable definitive transaction documentation. Elizabeth Cooper and Michael Chao of Simpson Thacher & Bartlett LLP acted as legal advisors to Centerbridge Partners, L.P. Patrick Croke of Croke Fairchild Duarte & Beres LLC acted as legal advisor to Clinton P. Jones.

Group of buyers cancelled the acquisition of remaining stake in GoHealth, Inc. (NasdaqCM:GOCO) on August 24, 2023.