Medical Service Provider Concentra in Spin Off
June 26, 2007
Cleary Gottlieb represented Citigroup Global Markets as financial advisor to Concentra Inc. in its spin off of its network services business to shareholders, who received shares of the newly-created Viant Holdings, Inc. The transaction closed on June 25.
Concentra is the nation's leading provider of workers compensation (and other occupational healthcare services) and specialized cost management services outsourced by insurance companies and medical providers.