Team Health Stock Surges After Rejecting AmSurg BidMani
On Tuesday, AmSurg unveiled a proposal to buy Team Health Holdings in a stock and cash transaction worth about $5.17 billion to enhance its efforts to gain scale amid a wave of consolidation in the health-care industry.
Reacting to the latest development, Team Health shares jumped about 22% to $64 during early market trading.
AmSurg’s offer to acquire Team Health at 36% premium
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