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Envision to Sell to KKR for $9.9 Billion

We represented Envision Healthcare Corporation (NYSE: EVHC) in its definitive agreement to sell to KKR in an all-cash transaction for $9.9 billion, including debt. KKR will pay $46 per Envision share in cash to buy the company, marking a 32 percent premium to the company's volume-weighted average share price from November 1, when Envision announced it was considering its options. The transaction is expected to close the fourth quarter of 2018. Read more


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Six Things to Know Before Buying a Physician Practice spotlight

Dermatology, ophthalmology, radiology, urology…the list goes on. Yet, in any physician practice management transaction, there are six key considerations that apply and, if not carefully managed, can derail a transaction. Download the 6 Things to Know Before Buying a Physician Practice to keep your physician practice management transactions on track.

Click here to download the guide.

Tim Garrett Examines New Developments in DOL Overtime Salary Rule

The Corporate Counselor

Publications

October 9, 2017

In an article for the October 2017 issue of The Corporate Counselor, Bass, Berry & Sims attorney Tim Garrett examined the latest ruling related to the Department of Labor's (DOL) overtime rule following Texas Federal Judge Amos Mazzant's final rule striking down the Obama-era rule. If implemented, the rule would more than double the minimum salary that employers would have to pay "white-collar" workers to meet overtime pay exemptions. Judge Mazzant's final ruling cited that the DOL rule had made the salary level too high and that the exemption would inadvertently become based on pay and not duties of the position. Following the ruling, the DOL withdrew its appeal of the preliminary injunction and the Fifth Circuit granted the request.

The full article, "Update: Stage Now Set for DOL to Adopt More Modest Salary Level for Overtime Exemptions," was published online and in the October 2017 issue of The Corporate Counselor and is available in the PDF below.

This is the third article in a series that Tim has authored on this topic for The Corporate Counselor. PDFs of the previous articles are available in the links below:

Download Document - The Corporate Counselor - DOL Overtime Update (October 2017)

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