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Blackstone in the lead to acquire Team Health (Reuters)

October 19, 2016

Reuters reports private equity firm Blackstone Group LP is the lead bidder to acquire Team Health Holdings Inc. (NYSE: TMH), a clinical outsourcing provider in healthcare provider. Team Health has been the target of activist funds, including Jana Partners LLC, according to people familiar with the matter. Team Health, which includes healthcare staffing provider D&Y, last year rejected merger offers by AmSurg Corp.