Reuters: Private Equity: UPDATE 1-IntegraMed to go private for about $170 million

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UPDATE 1-IntegraMed to go private for about $170 million Jun 11th 2012, 11:23 Mon Jun 11, 2012 7:23am EDT June 11 (Reuters) - Sagard Capital Partners agreed to buy healthcare services provider IntegraMed America Inc for $169.5 million. The investment fund offered to pay $14.05 per IntegraMed share, a 24 percent premium to the stock's Friday close. IntegraMed shares, which have gained about 44 percent in value so far this year, were up 20 percent to $13.59 before the bell on Monday. They closed at $11.34 on Friday on the Nasdaq. Sagard Capital, which held a 3.7 percent stake in the company, said the deal was not subject to financing and is expected to close no later than November. IntegraMed America Inc's largest shareholder, with a 27 percent stake in the company, has agreed to vote its shares in favor of the deal.

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