• Surgery Partners shareholders will vote at a special meeting on the amended HealthSpan Partners merger, offering $25 per share in cash.
• Shareholders excluding Bain Capital affiliates qualify for monthly payments accruing at 10% annually from March 1, 2027, if shareholder approval precedes closing.
• Payments could reach $1.61 per share at the October 23, 2027 outside closing date, raising total consideration to $26.61.
• The board recommends voting for the merger, rejecting a competing $28-per-share proposal over closing uncertainty, regulatory risks and insufficient protections.
• Bain Capital, holding approximately 39%, remains committed to supporting the merger; its affiliates will roll over their shares rather than receive cash.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Surgery Partners Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261109695957) on November 09, 2026, and is solely responsible for the information contained therein.