Team Health Holdings, Inc. (TMH) said Friday that the secondary offering of 8 million shares of its common stock, to be sold by its principal stockholder Ensemble Parent LLC and by certain of TeamHealth's officers and directors, has been priced at a public offering price of $23.95 per share.
Ensemble Parent LLC has granted the underwriters an option to purchase up to 1.2 million additional shares of common stock. TeamHealth will not receive any proceeds from the sale of shares in the offering.
Barclays and Citigroup are acting as joint book-running managers for the offering.
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