Correct Care Solutions Acquiring Conmed
July 18, 2012- Share:
Correct Care Solutions, a portfolio company of Audax Group and Frazier Healthcare, has agreed to acquire Conmed Healthcare Management (NYSE Amex: CONM) for $3.95 per share. The purchase price represents a 33% premium and an equity value of $59 million. Both companies provide correctional facility healthcare services.
Healthcare Services
Hanover, MD
Provider of correctional facility healthcare services to juvenile and adult county detention centers
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