Envision Healthcare HoldingsInc. agreed to buy AmSurg Corp., combining two large providers ofphysicians and other health care services in an all-stock deal withan enterprise value of about $15 billion.

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Envision’s investors will own about 53 percent of the combinedfirm, which will be called Envision Healthcare Corp. The exchangeratio is 0.334 AmSurg shares for each Envision share, the companiessaid in a statement.

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Related: Kaiser moves to acquire GroupHealth

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That values AmSurg at $82.37 a share, or about $4.5 billion,based on Envision’s closing price Wednesday, a premium of about 6.3percent.

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The tax-free transaction will create one of the largest U.S.providers of physicians in specialties including emergency,anesthesia, radiology and children’s services.

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AmSurg, which also helps operate ambulatory surgery centers, hadtried to combine with another contract-physician company last year,but dropped its bid for Team Health HoldingsInc. after the target company declined to enter merger talks.

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Related: Employers not excited for insurancemergers

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Envision Chairman and Chief Executive Officer William Sangerwill be executive chairman of the combined firm, while AmSurg CEOChristopher Holden will be the CEO.

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