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SGRY - Surgery Partners prices $279M stock offering
Surgery Partners Inc.
Surgery Partners (NASDAQ:SGRY) priced its earlier announced underwritten public offering of 6M shares at $46.5/share for expected gross proceeds of ~$279M. Underwriters granted 30-day option to purchase up to an additional 900K shares. Offer is expected to close on Nov.12. Net proceeds to be used for general corporate purposes, which may include, but is not limited to, funding acquisitions, repaying indebtedness, capital expenditures and funding working capital.