Syneos Health to be Acquired for Approximately $7.1 Billion by a Private Investment Consortium
Morrisville, NC, May 10, 2023 (Globe Newswire) -- A private investment consortium, composed of Elliott Investment Management, Patient Square Capital, and Veritas Capital, has agreed to acquire Syneos Health for $43 per share in cash, representing a 24% premium to the company's unaffected stock price. The acquisition is expected to be completed in the second half of 2023, subject to regulatory approvals and the approval of Syneos Health shareholders.
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