Surgery Partners, Inc. (SGRY) Misses Q1 EPS by 13c, Miss on Revenues; Reiterates FY Guidance
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Surgery Partners, Inc. (SGRY) Announces $760M Merger with National Surgical Healthcare
May 10, 2017 5:46 AM EDTSurgery Partners, Inc. (NASDAQ: SGRY) and National Surgical Healthcare today announced that they have entered into a definitive merger agreement under which Surgery Partners will acquire NSH from Irving Place Capital for approximately $760 million. Funding for Surgery Partners acquisition of NSH will be provided in part by Bain Capital Private Equity, a leading global private investment firm, who as part of the transaction is injecting capital in exchange for a preferred security in the Company. In conjunction with this transaction, Bain Capital Private Equity will acquire H.I.G. Capitals existing equity stake in... More
