UBS Raises Price target on Acadia Healthcare (ACHC) Following Announced Priory Group Acquisition
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/15/2026
Go back to UBS Raises Price target on Acadia Healthcare (ACHC) Following Announced Priory Group Acquisition
January 6, 2016 8:23 PM EST
FRANKLIN, Tenn.--(BUSINESS WIRE)--
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) (Acadia or the
Company) today announced the pricing of its previously announced
underwritten public offering of 10,000,000 shares of common stock at a
public offering price of $61.00 per share, for gross proceeds to the
Company of $610 million, before the underwriting discount and offering
expenses. In addition, the Company has granted the underwriters a 30-day
option to purchase up to an additional 1,500,000 shares of common stock
at the public offering price less the underwriting discount. Acadia
intends to use the proceeds from the offering principally to fund... More
January 5, 2016 5:04 PM EST
FRANKLIN, Tenn.--(BUSINESS WIRE)--
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) (Acadia or the
Company) today announced a proposed underwritten public offering of
10,000,000 shares of its common stock.
Acadia intends to use the proceeds from the offering principally to fund
its acquisition strategy, particularly to fund a portion of the purchase
price for its planned acquisition of the Priory Group, a leading
provider of behavioral healthcare services in the United Kingdom, and
the fees and expenses related to the transaction. In connection with the
offering, Acadia intends to grant to the underwriters a... More
