Amsurg to expand into physician services with $2.35 bln deal
May 29 (Reuters) - Surgery center operator Amsurg Corp said it would buy Sheridan Healthcare from private equity firm Hellman & Friedman in a cash and stock deal valued at about $2.35 billion to enter the outsourced physician services market.
The acquisition is expected to immediately add to Amsurg's adjusted earnings and cash flow, the company said in a statement.
The deal is expected to close in the third quarter of 2014. (Reporting by Esha Dey in Bangalore; Editing by Saumyadeb Chakrabarty)
- Sierra Leone declares emergency as Ebola death toll hits 729 |
- S&P500 index posts worst fall since April; indexes down for July
- U.S. man sues soccer star Cristiano Ronaldo over CR7 trademark
- Israel, Palestinian militant groups agree to three-day Gaza truce |
- Moscow fights back after sanctions; battle rages near Ukraine crash site |