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Report: MEDNAX attracts takeover interest from private equity firms

MEDNAX Inc. is attracting takeover interest from Carlyle Group LP and other private equity firms, Reuters reported Dec. 1, citing "people familiar with the matter."

Reuters' sources stated that MEDNAX and Bank of America Corp. were working together to evaluate the takeover interest.

The company has not yet started the process for a sale, according the news outlet's sources.

Elliott Management Corp. recently disclosed a 7% stake in the healthcare network operator and has plans to explore methods, including a sale, to increase value for shareholders.

A MEDNAX spokesman declined to comment on whether the company had retained the services of Bank of America, but stated that MEDNAX has not hired an adviser relating to interest by private equity firms, according to Reuters.

Bank of America and Carlyle declined to provide a comment to Reuters.