JLL Partners To Acquire American Dental Partners For $19 Per Share

American Dental Partners Inc

agreed to be bought by private-equity firm JLL Partners Inc for $19 per share in cash. The deal is valued at around $398 million, including $81 million in outstanding debt. The transaction price represents an 83% premium to ADPI's closing price of $10.38 on Friday. ADPI shares jumped 28.32% to $13.32 in pre-market trading.