WSJ News Exclusive | MultiPlan to Go Public in Merger With Churchill Capital Entity

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WSJ News Exclusive | MultiPlan to Go Public in Merger With Churchill Capital Entity
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MultiPlan is merging with a special purpose acquisition company in an $11 billion deal that will take the health-care-services provider public, according to people familiar with the matter

MultiPlan Inc. is merging with a special purpose acquisition company in an $11 billion deal that will take the health-care-services provider public, according to people familiar with the matter.

The company, currently owned by private-equity firm Hellman & Friedman, will merge with Churchill Capital Corp. III, a SPAC run by former Citigroup Inc. banker Michael Klein that went public in a February initial public offering, the people said.

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