Team Health Holdings Inc. Prices Secondary Offering of Common Stock
KNOXVILLE, Tenn., Dec. 19, 2012
KNOXVILLE, Tenn., Dec. 19, 2012 /PRNewswire/ -- Team Health Holdings Inc.
("TeamHealth") (NYSE: TMH) announced today the pricing of the previously
announced 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, at a price to the public of $28.95 per share. Ensemble Parent LLC
has granted the sole bookrunner 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.
Credit Suisse is acting as sole bookrunner for the offering.
This offering is being made solely by means of a prospectus. Copies of the
prospectus supplement and accompanying prospectus relating to the offering,
when available, may be obtained from: Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, via
telephone: +1 (800) 221-1037, or by e-mail:
firstname.lastname@example.org. Electronic copies of the prospectus and
the prospectus supplement are available on the Securities and Exchange
Commission's website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of
an offer to buy, nor shall there be any sale of these securities in any state
or jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction.
TeamHealth is one of the largest providers of outsourced physician staffing
solutions for hospitals in the United States. Through its multiple service
lines located in 17 regional sites, TeamHealth's more than 8,500 affiliated
healthcare professionals provide emergency medicine, anesthesia, hospital
medicine, urgent care, and pediatric staffing and management services to more
than 800 civilian and military hospitals, clinics, and physician groups in 47
SOURCE Team Health Holdings Inc.
Contact: INVESTOR CONTACT: David Jones, Executive Vice President and Chief
Financial Officer, +1-865-293-5299; MEDIA CONTACT: Tracy Young, Vice
President, Communications, +1-800-818-1498
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