US EditionSurgery Partners says no to Bain — here’s the bigger picture – RamaOnHealthcare
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Surgery Partners says no to Bain — here’s the bigger picture – RamaOnHealthcare
On June 17, Brentwood, Tenn.-based Surgery Partners, one of the country’s largest ASC operators, rejected a buyout bid from Bain Capital, its largest shareholder, choosing to remain independent.Bain Capital, which already owns 39% of Surgery Partners, submitted a bid reportedly valuing the company at $3.2 billion. But the company’s independent board rebuffed the offer, citing [...]
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