Mergers & Acquisitions

Cancer-care services company signs merger agreement

Published in Cancer Weekly, April 20th, 2004

U.S. Oncology, Inc., (USON) has signed an agreement to merge with Oiler Acquisition Corp., an affiliate of Welsh, Carson, Anderson & Stowe IX, L.P., an investment partnership that owns approximately 14.5% of U.S. Oncology's common stock.

Under the terms of the merger agreement, the holders of U.S. Oncology common stock, other than Welsh Carson, will receive $15.05 per share in cash for their shares, which represents an 18.5% premium above the March 19th closing price of $12.70.

The transaction is valued at approximately $1.7 billion, including consideration for outstanding stock options and the assumption of certain debt obligations of U.S. Oncology...

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Source: Cancer Weekly (2004-04-20)

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