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Surgery Partners to go private in $5.7 billion deal with Bon Secours affiliate
Axios says the deal would expand Bon Secours Mercy Health’s outpatient services, at $23.50 per Surgery Partners share.
TLDR
Reuters reports Surgery Partners said it would be taken private by HealthSpan Partners, a Bon Secours Mercy Health affiliate, in a deal valued at about $5.7 billion including debt. Its shares rose 46%. Axios says the $23.50-per-share price represents a 49.2% premium over Friday’s close, and the deal would greatly expand the nonprofit health system’s outpatient services.
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