ATI Physical Therapy, Inc. (“ATI”) (OTCMKTS: ATIP), a nationally recognized provider of outpatient physical therapy and rehabilitation services, announces that a consortium of existing stockholders, holding over 90% of the voting shares and led by private investment firms, Knighthead Capital Management and Marathon Asset Management, completed a merger to take the company private. As a result of the merger, shares not held by this group of stockholders will be acquired for $2.85 per share in cash. The merger will allow ATI to operate with greater agility and long-term focus, while continuing to deliver high-quality, patient-centered care across its nationwide clinic network.
Read the full article: ATI Physical Therapy Goes Private //
Source: https://www.prnewswire.com/news-releases/ati-physical-therapy-goes-private-302519673.html