KKR to Acquire Envision Healthcare for $5.5 Billion

Envision Healthcare To Go Private In $9.9B All Cash Deal

MAI Capital Management boosted its stake in shares of Envision Healthcare Co.

Pursuant to the closing of the deal, Envision shares will be delisted from the NYSE, as it will be cease to be a public company.

KKR had a successful year for fundraising in 2017, with the private equity firm's fund closings including a $13.9 billion North America private equity fund and a $1.45 billion healthcare fund. State of Alaska Department of Revenue now owns 27,155 shares of the company's stock worth $938,000 after buying an additional 14,935 shares during the last quarter.

If you own shares of Envision Healthcare stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. SG Americas Securities LLC now owns 22,455 shares of the company's stock worth $776,000 after acquiring an additional 17,286 shares during the period. Finally, Alps Advisors Inc. acquired a new position in shares of Envision Healthcare in the fourth quarter valued at approximately $235,000. (NYSE:EVHC) traded down 1.52% during midday trading on Friday, reaching $55.18. 56,673,700 shares of the company were exchanged, compared to its average volume of 3,116,141. The stock's 50 day moving average is $57.13 and its 200 day moving average is $64.17. Raymond James maintained Envision Healthcare Corporation (NYSE:EVHC) rating on Tuesday, December 12. It held $1.88 billion in cash and cash equivalents, according to its latest earnings report. Envision Healthcare had a return on equity of 8.05% and a net margin of 6.06%. The firm also took WebMD Health Corp WBMD.O private for about $2.8 billion.

Several brokerages recently issued reports on EVHC.

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Envision Healthcare Corp (NYSE:EVHC) is in the news today after it agreed to a $46 per share acquisition by investment company KKR. The firm earned "Hold" rating on Monday, May 7 by Cantor Fitzgerald. Canaccord Genuity lifted their price objective on shares of Envision Healthcare from $46.00 to $48.00 and gave the stock a "buy" rating in a report on Wednesday, May 9th.

Analysts await Envision Healthcare Corporation (NYSE:EVHC) to report earnings on August, 6. Finally, Mizuho set a $38.00 target price on shares of Envision Healthcare and gave the company a "hold" rating in a research report on Friday, March 2nd.

Among 13 analysts covering Envision Healthcare (NYSE:EVHC), 8 have Buy rating, 0 Sell and 5 Hold. The stock now has an average rating of "Hold" and an average target price of $41.10.

In other Envision Healthcare news, insider Robert Jon Coward sold 1,500 shares of the business's stock in a transaction on Wednesday, March 1st. The sale was disclosed in a filing with the SEC, which is accessible through this link. The investigation concerns whether the Board of Envision Healthcare breached their fiduciary duties to shareholders and whether KKR is underpaying for the Company.

Envision Healthcare Corporation, through its subsidiaries, provides various healthcare services in the United States. The company operates through two segments, Physician Services and Ambulatory Services.

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