Surgery Partners Rejects Bain Capital's Acquisition Offer, Opts to Remain Public

Surgery Partners rejects Bain Capital's takeover proposal

JetBlue Falls, Lennar Rises, Surgery Partners Slides After Rejecting Bain Takeover - Stock Movers

On this episode of Stock Movers: JetBlue (JBLU) shares are lower on plans to accelerate its cost reductions by eliminating some flights, pausing retrofits and parking some jets due to weaker-than-expected demand for travel. This is according to an internal memo, which CNBC reported on earlier. Lennar (LEN) shares rise after a miss on the homebuilder’s new orders outlook was tempered by better-than-expected gross margins, which RBC Capital Marke…

Surgery Partners Rejects Bain Capital's Private Buyout Offer, Will Remain Independent - Surgery Partners (NASDAQ:SGRY)

Surgery Partners rejects Bain Capital's acquisition bid, citing greater long-term value as a public company with strong growth potential and strategic plans.

Surgery Partners rejects Bain Capital’s take-private offer

(Reuters) -Surgery Partners said on Tuesday it was unable to agree to the terms set by Bain Capital, its largest shareholder, to take the surgical facility operator private. Surgery Partners’ shares fell more than 13% to $20.10 in premarket trading. A special committee of independent directors has concluded that the best path forward for the company and its stockholders was to continue operating as an independent publicly traded company, Surgery…

Surgery Partners rejects Bain Capital's acquisition offer, opts to remain public

Surgery Partners rejects Bain's take-private offer - Private Equity Wire

Surgery Partners has rejected a take-private bid from its largest shareholder, Bain Capital, stating the two sides were unable to reach agreement on terms, according to a report by Reuters. A special committee composed of independent directors determined that continuing as a publicly traded company represents the best course of action for the surgical facility operator and its shareholders. The decision follows Bain Capital’s January proposal to…