BROWSE

Churchill Capital and MultiPlan merging in $11 billion deal

Churchill Capital Corp III CCXX.N and U.S. healthcare-services company MultiPlan Inc said on Sunday they have reached a definitive agreement to merge in a deal, with initial enterprise value for MultiPlan of about $11 billion. The merged company will operate as MultiPlan and will be listed on the NYSE, the companies said in a joint statement. [nPn6mS8zGa]

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