M&A
confidence high
sentiment neutral
materiality 0.85
Surgery Partners receives $25.75/share buyout proposal from Bain Capital; Bain owns ~39%
Surgery Partners, Inc.
- Bain Capital proposes to acquire all outstanding shares not already owned for $25.75 per share in cash.
- Bain Capital and affiliates own approximately 39% of Surgery Partners' outstanding common stock.
- A Special Committee of independent directors will evaluate the proposal with advisors.
- Any transaction subject to non-waivable condition requiring majority approval of shares not owned by Bain.
- Proposal is non-binding; no assurance that a definitive agreement will be reached.