R1 RCM drops after New Mountain says it failed to reach agreement with TCP-ASC [Seeking Alpha]
R1 RCM Inc. (RCM)
Last r1 rcm inc. earnings: 2/20 07:00 am
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US:NASDAQ Investor Relations:
ir.r1rcm.com/press-releases/2014/default.aspx
Company Research
Source: Seeking Alpha
New Mountain and TCP-ASC have engaged in discussions and mutual due diligence with respect to a potential joint acquisition of the shares of the R1 RCM ( RCM ) not owned by such parties or their affiliates, according to a 13/D filing on Monday. These discussions have not resulted in any agreement to date. New Mountain Capital is open to having TowerBrook Capital Partners and Ascension Health participate in a potential transaction as equity co-investors. New Mountain disclosed that it's seeking a waiver of a standstill agreement to make a takeover proposal. The draft offer includes a $13.25 a share bid, down from New Mountain's $13.75 original draft proposal in February. In May, R1 RCM holder TCP-ASC was granted a waiver so it could join with New Mountain Capital for a takeover bid. Private-equity firm New Mountain Capital, which owns a more than 32% stake in R1, ( RCM said in April that it only wanted to pursue a takeover of the firm jointly with TCP-ASC , which is owned by Tow
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RCM
News
- R1 RCM surges after TCP-ASC says it's in the process of finalizing deal proposal [Seeking Alpha]Seeking Alpha
- RCM INQUIRY ALERT: BFA Law Announces an Investigation into R1 RCM Inc. (NYSE:RCM) and the $13.25 Per Share Offer; Shareholders are Urged to Contact the FirmAccesswire
- RCM INQUIRY NOTICE: BFA Law Announces an Investigation into R1 RCM Inc. (NYSE:RCM) and the $13.25 Per Share Offer; Shareholders are Encouraged to Inquire about Your RightsAccesswire
- New Mountain offers to acquire healthcare services provider R1 RCM [Yahoo! Finance]Yahoo! Finance
- RCM INVESTIGATION ALERT: BFA Law Announces an Investigation into R1 RCM Inc. (NYSE:RCM) and the $13.25 Per Share Offer; Shareholders are Notified to Inquire about Your RightsAccesswire
RCM
Earnings
- 5/8/24 - Miss
RCM
Sec Filings
- 7/5/24 - Form SC
- 7/2/24 - Form SC
- 7/1/24 - Form SC
- RCM's page on the SEC website