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MultiPlan plans new financing for buyout by Starr and Partners Group
By Sara Rosenberg
New York, Feb. 18 - MultiPlan Inc. has received a commitment for financing from Barclays and J.P. Morgan Chase & Co. to help fund its purchase by Starr Investment Holdings and Partners Group, according to a news release.
The company is being acquired from Silver Lake and BC Partners.
Closing is subject to regulatory approvals and customary conditions.
MultiPlan is a New York-based provider of health care cost management solutions.
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