Reuters: Global Markets: Medical supply chain company Premier rises in market debut

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Medical supply chain company Premier rises in market debut Sep 26th 2013, 14:39 Thu Sep 26, 2013 10:39am EDT (Reuters) - Shares of Premier Inc (PINC.O), a medical supply chain management firm, rose as much as 15 percent in their market debut, valuing the company at about $4.36 billion. Premier priced its offering of 28.2 million Class A shares at $27 each, above its proposed price range. The company sold all the shares in the offering, raising $761.4 million. The Charlotte-based company provides health care, insurance services to hospitals and other healthcare organizations and software for analyzing care costs, quality and safety.

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