🟢 Surgery Partners is trading 46.35% up today after $5.7 billion all-cash buyout announcement

Surgery Partners is trading at $23.05, up 46.35%, after HealthSpan Partners announced an all-cash acquisition.

• The Bon Secours Mercy Health affiliate will pay $23.50 per share, valuing the company at approximately $5.7 billion; Bain Capital affiliates will roll over their shares.
• Bloomberg reported a 49% premium to Friday’s close. The October 26 move followed the announcement; closing is expected in the first quarter of 2027, subject to shareholder and regulatory approvals.