Team Health (TMH) Prices 8M Secondary Offering at $23.95/Share
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Team Health Holdings, Inc. (NYSE: TMH) announced today that the 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., and by certain of TeamHealth's officers and directors, pursuant to a registration statement that TeamHealth previously filed with the Securities and Exchange Commission, has priced at a public offering price of $23.95 per share. Ensemble Parent LLC has granted the underwriters 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.
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