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Fly News Breaks for October 21, 2015
TMH, AMSG
Oct 21, 2015 | 08:20 EDT
After AmSung's (AMSG) stock fell 4% following Team Health's (TMH) decision to reject its merger proposal, SunTrust says that it's unsure about how that situation will be resolved. However, the firm thinks AmSung's pre-report which it issued in conjunction with the merger proposal news was "extremely strong" and featured results that were better than expected across the board. The firm remains upbeat on AmSung regardless of what happens with the proposed merger. It keeps a buy rating on the shares.
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