Pamplona Capital to Buy MedAssets in $2.7B Cash Deal

November 2, 2015 1:57 PM

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Private equity fund manager Pamplona Capital Management plans to buy MedAssets in a cash deal valued at about $2.7 billion.

The companies say Pamplona will pay $31.35 for each MedAssets share, an offer that represents a 32 percent premium to the $23.68 closing price on Friday of MedAssets shares.

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