Surgery Partners Under Terms Of Agreement, Surgery Partners Shareholders Will Receive $23.50 In Cash Per Share; Affiliates Of Bain Capital Will Roll Over Their Shares In Co In Exchange For Equity Interests In Acquiring Entity; Surgery Partners Is Also Expected To Remain A Secular Organization, Upon Closing Of Transaction, Co's Operations, Including Its Name, Brand And Headquarters, Are Expected To Remain In Place
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Why It Matters
Surgery Partners agreed to be bought by Bain Capital for $23.50 per share. Shareholders get cash, and the company will keep its name and stay in one place.
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