Genesis Healthcare Corp. v. Symczyk

Envision Healthcare Reaches Comprehensive Restructuring Agreement With Lenders

Retrieved on: 
Monday, May 15, 2023
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The terms of the RSA establish the framework for a consensual and comprehensive restructuring that will position Envision and AMSURG for future growth as two separate businesses.

Key Points: 
  • The terms of the RSA establish the framework for a consensual and comprehensive restructuring that will position Envision and AMSURG for future growth as two separate businesses.
  • Envision will continue to operate as usual throughout the restructuring process, maintaining its commitment to providing high-quality patient care.
  • “Envision’s teams play a critical role in the functioning of the U.S. healthcare system,” said Jim Rechtin, Chief Executive Officer of Envision Healthcare, who joined Envision in February 2020.
  • Envision and another health insurer recently completed a national multiyear agreement that provides patients with in-network healthcare.

Anjac to Acquire Apollo in an All Cash, C$327 Million Transaction

Retrieved on: 
Friday, November 5, 2021
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We look forward to working closely with Anjac to deliver industry leading innovation and customization throughout our global distribution platform.

Key Points: 
  • We look forward to working closely with Anjac to deliver industry leading innovation and customization throughout our global distribution platform.
  • The all cash offer crystalizes value for Apollo Shareholders and provides full liquidity and certainty of value.
  • The remaining directors and officers of Apollo, who hold approximately 5.1% of the Apollo Shares, have entered into soft voting support agreements (Soft Lock-Ups).
  • Apollo and Anjac have provided representations and warranties customary for a transaction of this nature and Apollo has provided customary interim period covenants regarding the operation of its business in the ordinary course.