Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Premier Set For Private Ownership, Eyes Growth Push

Author: Akanksha Bakshi | September 22, 2025 08:11am

Premier Inc. (NASDAQ:PINC) said Monday it will be acquired by an affiliate of Patient Square Capital in a deal valued at $28.25 per share in cash.

The agreement, unanimously approved by Premier’s board, gives shareholders a 23.8% premium to the company’s 60-day average closing price as of Sept. 5, 2025.

Board chair Richard Statuto said the sale will provide “immediate and certain value” to investors while giving the company more capital to expand services during a pivotal moment in U.S. health care.

Also Read: NeoGenomics Gains’ Unexpected’ Win As Court Rejects Natera Claims

President and CEO Michael J. Alkire said shifting to private ownership will improve financial flexibility and speed investments in technology, product development, and advisory services.

He noted Premier’s growth since going public in 2013, including strengthening its supply chain expertise and technology offerings.

Neel Varshney, M.D., founding partner of Patient Square, called Premier “an innovator” in supply chain, data, and consulting solutions and said the firm sees significant potential for expansion as a private company.

The deal is expected to close in the first quarter of 2026, pending shareholder and regulatory approvals. It is not subject to financing conditions. Premier declared a dividend of 21 cents per share payable Sept. 15, 2025, but said it would suspend dividends afterward.

Related ETFs: Health Care Select Sector SPDR Fund (NYSE:XLV), iShares U.S. Healthcare ETF (NYSE:IYH).

Price Action: At last check Monday, PINC shares were trading higher by 8.54% to $27.95 premarket.

Read Next:

Image via Shutterstock

Posted In: HCA IYH PINC UNH XLV

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist