Patterson Cos to Be Acquired by Patient Square in $4.1 Billion Deal
Patterson Cos. agreed to be acquired by health-care investment firm Patient Square Capital in a deal valued around $4.1 billion.
The dental and animal health-care company said its shareholders will receive $31.35 a share in cash, a roughly 49% premium to its 30-calendar-day, volume-weighted average price ending Dec. 4, the last trading day before it announced an evaluation of strategic alternatives. The value of the deal includes the refinancing of Patterson's receivables facilities...
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