Premier, Inc. Announces Definitive Agreement To Be Acquired By Patient Square Capital In Transaction Valued At $2.6 Billion

Premier, Inc., a technology-driven health care improvement company, announced that it has entered into a definitive agreement to be acquired by an affiliate of Patient Square Capital. Upon completion of the transaction, Premier will be a private company, and Premier common stock will no longer be listed or traded on any public exchange, according to the announcement.

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 60-day volume-weighted average price as . . .