StockNews.AI
PINC
StockNews.AI
4 hrs

Premier, Inc. Announces Definitive Agreement to Be Acquired by Patient Square Capital in Transaction Valued at $2.6 Billion

1. Premier, Inc. to be acquired by Patient Square Capital for $28.25 per share. 2. Acquisition represents a 23.8% premium to Premier's current stock price.

+8.16%Current Return
VS
+0.01%S&P 500
$25.7509/22 06:37 AM EDTEvent Start

$27.8509/22 10:21 AM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Very Bullish?

The acquisition at a significant premium indicates strong demand for PINC shares. Historical data shows stock prices typically rise to acquisition offer values.

How important is it?

The substantial acquisition premium directly impacts shareholder value, making it highly relevant to stock price movements.

Why Short Term?

The immediate capital gain from the acquisition will likely boost investor sentiment and stock price adjustments.

Related Companies

CHARLOTTE, N.C.--(BUSINESS WIRE)--Premier, Inc. (NASDAQ: PINC) (“Premier” or the “Company”), a leading technology-driven health care improvement company, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Patient Square Capital (“Patient Square”). Under the terms of the agreement, which has been unanimously approved by Premier's Board of Directors, Premier stockholders will receive $28.25 in cash per share, representing a 23.8% premium to Premier's.

Related News