AmSurg 10M Stock Public Offerings, SCA-Medline Deal & More — 5 Recent Key Notes on ASC Companies
AmSurg has announced public offerings of 8.5 million shares of its common stock at $45 per share and 1.5 million shares of convertible stock at $100. The proceeds of the offering will go towards the company's $2.35 billion acquisition of Sheridan Healthcare.
Surgical Care Affiliates renewed its prime vendor agreement for distribution services with Medline Industries. The new five-year agreement is expected to be worth approximately $175 million over time.
Moody's Investors Service expects Surgery Partners' debt-to-EBITDA ratio to rise eight-fold following its $792 million acquisition of Symbion.
Hospital Corporation of America stock traded at $57.61 per share during the week of June 16 to 20, up 4.78 percent.
As of June 27, Medical Facilities Corporation stock traded at $17.87 per share, up 0.6 percent.
More Articles on ASC Issues:
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$792 Acquisition Deal, Q1 Financial Report & More – 6 Recent Key Notes on Symbion
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