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Stock Market & Financial Investment News

News Breaks
March 13, 2013
11:13 EDTMDASCTCA expands MedAssets relationsip
In a press release from earlier, MedAssets announced that Cancer Treatment Centers of America, CTCA, has engaged the company to help drive cost savings for construction projects across its national network of hospitals. The new agreement to use MedAssets Capital and Construction Solutions builds upon CTCA’s current relationship with MedAssets for Strategic Sourcing services, Charge Integrity and Reimbursement Integrity solutions to drive better operational and financial performance.
News For MDAS From The Last 14 Days
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January 27, 2016
10:31 EDTMDASPamplona Capital completes acquisition of MedAssets
Pamplona Capital Management has completed the acquisition of MedAssets. As a result of the transaction, MedAssets stock will stop trading at the close of business today. Pamplona purchased MedAssets for $31.35 per share, which represents a total enterprise value of approximately $2.7B. The transaction was overwhelmingly approved by stockholders on January 14, with 99.8% of total votes cast in favor. Separately, Pamplona has entered into an agreement with Vizient to divest MedAssets' Spend and Clinical Resource Management segment to Vizient. That transaction is expected to be completed in mid-February 2016.
January 26, 2016
18:18 EDTMDASS&P announces changes to S&P 500, S&P SmallCap 600 indices
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17:19 EDTMDASZELTIQ to replace MedAssets in S&P 600 as of 1/29 close
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