m_and_a
confidence high
sentiment positive
materiality 1.00
Premier to be acquired by Patient Square Capital for $28.25/share in $2.6B all-cash deal
Premier, Inc.
- Premier stockholders to receive $28.25 per share in cash, a 23.8% premium to 60-day VWAP as of Sep 5, 2025.
- Transaction valued at approximately $2.6 billion; expected to close by Q1 2026, subject to stockholder and regulatory approvals.
- Board unanimously approved; no financing condition; dividends suspended after Sept 2025 payment.
- Outstanding equity awards: pre-Aug 16, 2025 RSUs/PSUs converted to cash; options cancelled for no consideration.
- Termination fees: ~$66.2M if Premier terminates for superior proposal; ~$168.6M if Parent fails to close.
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