U.S. News

AmSurg bids for TeamHealth with $7.8 bln offer

Sawayasu Tsuji | E+ | Getty Images

Physician services provider AmSurg proposed to combine with Team Health in a cash-and-stock offer that valued Team Health at $7.8 billion.

The offer of $71.47 per TeamHealth share represents a premium of 36 percent to TeamHealth's closing price on Monday, the company said.