Blackstone $6.1 billion acquisition of TeamHealth

Overview:

• Private equity firm Blackstone has acquired hospital staffing provider TeamHealth in a $6.1 billion deal.
• The price tag comes to $43.50 per TeamHealth share.
• BofA Merrill Lynch was financial adviser for Blacksotne, and Goldman Sachs and Citigroup acted for TeamHealth.
• The deal is expected to close within the first quarter of 2017.

Kurt Stumpo - Journalist