Surgery Partners Raises Take-Private Price to $25 a Share, Rejects Higher Bid
Surgery Partners amended its take-private deal with HealthSpan Partners, raising the acquisition price to $25 a share. The company rejected a higher competing offer, citing regulatory risks and potential closing timing.
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02:43:26 PM UTC
SquawkNews
The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday:** HealthSpan Partners, an affiliate of nonprofit hospital system Bon Secours Mercy Health, sweetened its bid for Surgery Partners NASDAQ:SGRY to up to $6 billion, after the receipt of an unsolicited compet…
By Connor HartSurgery Partners amended its take-private deal with HealthSpan Partners, with the acquisition price raised to $25 a share as the company rejects a higher competing offer over concerns about regulatory risks and the timing of a potential closing.The surgical-facility operator on Monday…