The PE giant is reported to be leading the auction for the activist-pressured hospital staffing company and is likely to have bid approximately $4 billion.
- Reuters•2 days ago
Blackstone Group LP is the lead bidder to acquire Team Health Holdings Inc, the U.S. hospital staffing provider that has been the target of activist funds, including Jana Partners LLC, according to people familiar with the matter. The deal would allow Team Health to cope with pricing pressure as a private company, amid a wave of consolidation in its industry. Rival Amsurg Corp, whose $5 billion bid for Team Health was snubbed last year, agreed in June to merge with Envision Healthcare Holdings Inc.
- Forbes•2 days agoJonathan Gray: The Man Who Revolutionized Real Estate Investing On Entrepreneurship In A Big Company
Blackstone’s youngest billionaire – and heir apparent – Jon Gray on how he developed Blackstone’s revolutionary real estate model, navigates today’s global markets and make smart bets early in a career.
The Blackstone Group L.P. (BX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||23.60 x 100|
|Ask||23.68 x 300|
|Day's Range||23.47 - 23.78|
|52wk Range||22.31 - 34.71|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||49.83|
|Avg Vol (3m)||3,554,256|
|Dividend & Yield||1.44 (6.12%)|