October 20, 2015 / 11:14 AM / in 2 years

AmSurg bids for TeamHealth with $7.8 bln offer

Oct 20 (Reuters) - Physician services provider AmSurg Corp proposed to combine with Team Health Holdings Inc in a cash-and-stock offer that valued Team Health at $7.8 billion.

The offer of $71.47 per TeamHealth share represents a premium of 36 percent to TeamHealth’s closing price on Monday, the company said. (Reporting by Amrutha Penumudi in Bengaluru; Editing by Saumyadeb Chakrabarty)

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