TeamHealth Agrees to Be Sold to BlackstoneBy
Almost exactly a year ago, TeamHealth Holdings, a provider of physician outsourcing services, rebuffed a takeover offer from its rival AmSurg for nearly $8 billion, saying the proposed valuation was too low.
Shareholders balked, and the stock price tumbled. Now, TeamHealth has finally agreed to be sold, but at a large discount to that offer, which was made Nov. 2, 2015…
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