KNOXVILLE, Tenn., Aug. 16 /PRNewswire/ -- Team Health, Inc. announced
today that it has filed a registration statement with the Securities and
Exchange Commission relating to the proposed Initial Public Offering ("IPO")
of its common stock.
The shares in the IPO are being offered by Team Health and certain selling
stockholders. Team Health, Inc. intends to apply to have its shares listed on
the New York Stock Exchange under the ticker symbol "THH." The IPO is expected
to take place later this year.
Lehman Brothers and Merrill Lynch & Co. as joint book-running managers and
JPMorgan are acting as representatives of the underwriters in the IPO.
The offering will be made only by means of a prospectus. When available,
copies of the preliminary prospectus relating to this offering may be obtained
from Lehman Brothers c/o ADP Financial Services, Prospectus Fulfillment, 1155
Long Island Avenue, Edgewood, NY 11717, Email: monica_Castillo@adp.com or Fax
(631)254-7268; Merrill Lynch & Co. at 4 World Financial Center, New York, NY
10080; or you may obtain a copy at www.sec.gov.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective. These
securities may not be sold, nor may offers to buy be accepted, prior to the
time the registration statement becomes effective.
This news release shall not constitute an offer to sell, or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation, or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Team Health
Founded in 1979, Team Health is headquartered in Knoxville, Tennessee.
Team Health is affiliated with over 7,000 healthcare professionals who provide
staffing and administrative services in the areas of emergency medicine,
radiology, anesthesia, hospitalist, pediatrics and other healthcare services
to over 470 hospital clients and their affiliated clinics and surgical centers
in 44 states. For more information about Team Health, visit
SOURCE Team Health, Inc.