Page 8 - Multiplan Corp News Today

The cost of similar Covid-19 treatments can vary by tens of thousands of dollars a patient, even within the same hospital, according to a Wall Street Journal analysis of pricing data that indicates pandemic care hasn’t escaped the complex economics of the U.S. health system.

Attorneys for top investors in a blank check company that acquired data analytics MultiPlan Corp. last year urged a Delaware vice chancellor on Monday to toss a challenge to the deal, saying in part that plaintiff attorneys were pressing company or individual claims, instead of class assertions.

Paul Glazer stood awkwardly in a dark-blue suit at a podium at the Tel Aviv Stock Exchange. The occasion: the 2018 kickoff for the sun-drenched local franchise of the Sohn Investment Conference, a pediatric cancer charity.  Other Sohn speakers that day included Jefferies global strategist David Zervos, Seth Fischer of Hong Kong hedge fund Oasis Management, and activist Bart Baum of Ionic Capital Management. They all crowded together in front of a wall of videos to press a blue switch to start ...

BRIEF-MultiPlan Reports Q1 Revenue Of $254.9 Mln Reuters 2 hrs ago * MULTIPLAN REPORTS FIRST QUARTER 2021 RESULTS AND PROVIDES 2021 GUIDANCE * Q1 REVENUE $254.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $248.5 MILLION * QTRLY EARNINGS PER SHARE $0.07 * SEES FY REVENUE $1.04 BILLION TO $1.1 BILLION * SEES Q2 REVENUE $260 MILLION TO $275 MILLION * SEES ADJUSTED EBITDA BETWEEN $750 MILLION AND $790 MILLION FOR 2021 * SEES Q2 ADJUSTED EBITDA BETWEEN $185 MILLION AND $200 MILLION * Q1 EARNINGS PER...

To embed, copy and paste the code into your website or blog: In the spring of 2021, one of the hottest markets—the market for special purpose acquisition companies, or SPACs—has “screeched to a halt,” according to CNN. As the SPAC market grew red hot in the past six months, it seemed that everyone was getting into the game, with celebrities from Shaquille O’Neal to Former House Speaker Paul Ryan leading their own SPACs. But shareholder lawsuits, huge value fluctuations, and warnings f...

The meteoric rise in the use of special purpose acquisition companies (SPACs)—with more than $98 billion raised in over 300 deals year-to-date alone—has prompted increased government scrutiny of...

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To print this article, all you need is to be registered or login on Mondaq.com. SEC requirements on SPACs are ramping up. The last time they did so, blank-check companies languished. How will greater scrutiny this time round impact the momentum of SPACs in play and in the planning stages? The surge in todays market darling special-purpose acquisition companies (SPACs) has the SEC taking notice. On April 8, the SEC issued a public statement outlining a myriad of concern...

Summary Special purpose acquisition companies (“SPACs”), it seems, are everywhere.  SPACs have been around for decades, but use of a SPAC to take a company public without a traditional initial public offering (“IPO”) has recently exploded in popularity, especially in the first few months of 2021. One driver of the popularity of SPACs is the perception that they have lower liability risks than a traditional IPO.  But a closer look at SPAC transactions suggests that the liability risks ...