Deals
MedAssets to Be Bought by Pamplona Capital for $1.88 Billion
- Pamplona will pay $31.35 a share for technology company
- Price represents 32 percent premium for MedAssets shares
This article is for subscribers only.
MedAssets Inc., which provides hospital software, will sell itself to private equity firm Pamplona Capital Management for $1.88 billion in cash.
MedAssets will get $31.35 a share, the firms said in a statement Monday. The deal represents a 32 percent premium over MedAssets’ closing price Friday of $23.68.