Coliseum Capital Issues Open Letter to Board of R1 RCM on Offer by New Mountain to Acquire the Company for $13.75 Per Share

Coliseum Capital Issues Open Letter to Board of R1 RCM on Offer by New Mountain to Acquire the Company for $13.75 Per Share

Business Wire

Published

ROWAYTON, Conn.--(BUSINESS WIRE)--Coliseum Capital Management, LLC (“Coliseum”), one of the largest shareholders of R1 RCM Inc. (NASDAQ: RCM) (“Company”), today announced that it has issued an open letter to the Company’s Board of Directors. In its letter, Coliseum states that it believes the offer by New Mountain Capital, L.L.C. to acquire the Company for cash consideration of $13.75 per share significantly undervalues the Company. The letter also expresses support for the Company’s Board of D

Full Article