The agreement would merge Wildcat Merger Sub, a wholly-owned subsidiary of Surgery Partners, with and into NovaMed, with NovaMed surviving the merger as a wholly-owned subsidiary of Surgery Centers. Completion of the merger is subject to approval of the merger agreement by holders of a majority of the outstanding shares of NovaMed’s common stock.
If approved, the merger is expected to be completed as promptly as possible on May 4, 2011, following the conclusion of the special meeting.
Read the Sun Herald report on the merger between NovaMed and Surgery Partners.
Read more on NovaMed:
–NovaMed to Be Acquired by Surgery Partners, Go Private
–10 Companies for Hospitals and ASCs to Know
–NovaMed Beats Estimates, Total Net Revenue Increases
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
