AMN Healthcare Completes the Acquisition of Medfinders (AHS)

AMN Healthcare Services, Inc. AHS announced the completion of the acquisition of the parent company of Arlington, Texas-based Nursefinders, Inc.. Medfinders also provides local and travel nurse and allied staffing, locum tenens, physician search services, and home healthcare services. At the close of the transaction, AMN acquired all of the outstanding equity of Medfinders in exchange for approximately 6.3 million shares of AMN Healthcare Services, Inc. common stock and approximately 5.7 million shares of non-voting Series A Conditional Convertible Preferred Stock with a liquidation preference of $10.00 per share and a dividend rate of 11% per annum.