Citi Downgrades Envision Healthcare (EVHC) to Neutral

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Envision Healthcare and AMSURG Announce Transformational Merger

June 15, 2016 4:30 PM EDT

Expected to be Accretive to Envision and AMSURG Adjusted Earnings per Share in 2017 and Achieve Synergies of $100 Million

GREENWOOD VILLAGE, Colo. & NASHVILLE, Tenn.--(BUSINESS WIRE)-- Envision Healthcare Holdings, Inc. (Envision) (NYSE: EVHC) and AMSURG Corp. (AMSURG) (NASDAQ: AMSG) today announced that they have signed a definitive merger agreement pursuant to which the companies will combine in an all-stock transaction at a fixed exchange ratio of 0.334 AMSURG shares per Envision share. The combined organization will have a pro forma market capitalization of approximately $10 billion... More