Shares of Premier (NASDAQ:PINC), a provider of healthcare services, surged more than 9% on Monday after news broke that private equity firm Patient Square Capital will acquire the company in a deal valued at $2.6 billion.
Under the terms of the agreement, Premier shareholders are set to receive $28.25 per share in cash, reflecting a 9.7% premium over the stock’s closing price on Friday. The transaction is anticipated to be finalized in the first quarter of 2026, pending the usual regulatory and closing approvals.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.