R1 RCM Firmly Rejects Talks with New Mountain Capital & TCP-ASC

Tuesday, 19 March 2024, 13:31

R1 RCM sends a strong message to New Mountain Capital and TCP-ASC by demanding that discussions on a potential transaction come to a halt. The company cites the absence of board approval and necessary waivers as the reasons behind this decision. This move indicates R1 RCM's commitment to adherence to corporate governance standards.

https://store.livarava.com/ea00ddca-e5f5-11ee-9685-5254a2021b2b.jpe — R1 RCM Firmly Rejects Talks with New Mountain Capital & TCP-ASC

R1 RCM Firmness Against New Mountain Capital & TCP-ASC

R1 RCM has informed New Mountain Capital and TCP-ASC to halt discussions regarding a potential transaction due to the absence of board approval and waivers.

Key Points:

Message to Stakeholders: R1 RCM's directive highlights the importance of complying with corporate governance standards.
Lack of Approval: The company emphasizes the need for board approval before proceeding with any transaction.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.