Search This Blog

Tuesday, April 30, 2019

AMN Healthcare to acquire Advanced Medical for $200M

AMN Healthcare announced a definitive agreement to acquire Advanced Medical Personnel Services. The purchase price is $200M, with up to an additional $20M to be paid based on Advanced’s 2019 financial performance. The acquisition is structured to allow AMN to realize tax benefits with an estimated net present value of $8M and is expected to be immediately accretive to AMN’s adjusted earnings per share. The acquisition, subject to regulatory approvals and customary closing conditions, is expected to close by early June.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.