Team Health Holdings Inc.
("TeamHealth") TMH announced today that it had commenced a secondary
offering of 8,000,000 shares of its common stock to be sold by its principal
stockholder, Ensemble Parent LLC, an investment fund affiliated with The
Blackstone Group L.P., pursuant to a registration statement that TeamHealth
previously filed with the Securities and Exchange Commission. Ensemble Parent
LLC will grant the underwriter an option to purchase up to 1,200,000
additional shares of common stock. TeamHealth will not receive any proceeds
from the sale of shares in the offering.
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