Premier, Inc. (NASDAQ: PINC) ("Premier" or the "Company"), a leading technology-driven health care improvement company, today announced that, at the Company's Special Meeting of Stockholders (the "Special Meeting"), Premier stockholders approved the previously announced acquisition of the Company by an affiliate of Patient Square Capital ("Patient Square"), a dedicated health care investment firm.
Approximately 99% of shares voted were voted in favor of the transaction. This represents approximately 79% of the total outstanding shares of Premier common stock as of October 21, 2025, the record date for voting at the Special Meeting.
As previously announced, under the terms of the agreement, Premier stockholders will receive $28.25 in cash per share, representing a 23.8% premium to Premier's 60-day volume-weighted average price as of September 5, 2025.