TeamHealth to AmSurg: Leave us alone (and take your puny $7.8B offer with you)


They say that money talks, but apparently AmSurg's $7.8 billion offer to buy Knoxville-based Team Health Holdings Inc. didn't talk loudly enough. TeamHealth (NYSE: TMH) has rejected the unsolicited cash-and-stock offer from Nashville-based AmSurg (Nasdaq: AMSG), which represented a 36 percent premium over Team Health's closing price of $52.50 Monday. AmSurg publicly disclosed its offer Tuesday morning. "[T]his is the same proposal that [our] board of directors previously reviewed, considered and…

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