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Stock Market & Financial Investment News

News Breaks
December 18, 2012
17:04 EDTTMHTeam Health commences 8M share secondary offering of common stock
Team Health announced that it had commenced a secondary offering of 8,000,000 shares of its common stock to be sold by its principal stockholder, Ensemble Parent LLC, an investment fund affiliated with The Blackstone Group L.P., pursuant to a registration statement that TeamHealth previously filed with the Securities and Exchange Commission. Ensemble Parent LLC will grant the underwriter an option to purchase up to 1,200,000 additional shares of common stock. TeamHealth will not receive any proceeds from the sale of shares in the offering.
News For TMH From The Last 14 Days
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November 24, 2015
07:23 EDTTMHTeam Health may be range bound in near-term after IPC deal, says Stephens
Stephens analyst Dana Hambly noted that Team Health's acquisition of IPC Healthcare has not been generally well received by investors and he expects shares to be range bound as investors take a "wait and see" approach regarding the deal. However, he expects early evidence of the deal rationale to show in results in 2H16 and maintains an Overweight rating on Team Health shares. To account for the deal, Hambly lowered his price target on Team Health to $66 from $73.
November 23, 2015
16:13 EDTTMHTeam Health completes acquisition of IPC Healthcare
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November 18, 2015
17:19 EDTTMHTumi to replace IPC Healthcare in S&P 600 as of 11/23 close
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