Private equity firm completes $9.9B acquisition of Envision

Ayla Ellison (Twitter | Google+) - Print  | 

New York City-based private equity firm KKR completed the acquisition of Envision Healthcare, a Nashville, Tenn.-based physician services provider.

KKR and Envision completed the transaction after entering into a definitive agreement in June. The deal was valued at $9.9 billion including the assumption of debt. Envision's stockholders will receive $46 per share of Envision common stock in cash.

As a result of the completion of the transaction, Envision's stock stopped trading on the New York Stock Exchange before the stock exchange opened on Oct. 11.

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