SGRY Stock Discussion (Surgery Partners, Inc.)

Surgery Partners agrees to a $5.7 billion take-private with HealthSpan

Surgery Partners ($SGRY) signed a definitive agreement to be acquired by HealthSpan Partners in a transaction valuing the business at approximately $5.7 billion, including debt. Shareholders other than Bain Capital affiliates would receive $23.50 per share in cash. Bain would exchange its existing investment for equity in the buyer and remain a significant partner. The agreement advances the previously reported negotiations into a formally agreed transaction. HealthSpan, an affiliate of Bon Seco

SGRY

@tickerstat1 month ago

Surgery Partners completes Idaho hospital sale for $797 million gross proceeds

Surgery Partners ($SGRY) completed the sale of its ownership interests in Idaho Falls Community Hospital and Mountain View Hospital to Intermountain Health. The company received approximately $797 million in gross proceeds and $587 million net, with the transaction valuing the combined facilities at about $1.15 billion. Debt reduction is the principal intended use of the proceeds. Following the disposal, Surgery Partners updated its annual revenue outlook to $3.08–3.18 billion and its adjusted E