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Campaigns / Spruce Point Capital → Premier, Inc.
Spruce Point Capital vs. Premier, Inc.

Premier, Inc. · PINC

1 deck published between 2019-09-25 and 2019-09-25 — 29 pages, 29 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2019-09-25 initial thesis

    2019 09 64e7a3cd9aab5ca06a893b37_pinc_research_thesis_9 25 2019

    29pp · full_deck

    Premier's earnings are artificially inflated by expiring pre-IPO shareback contracts; as member hospitals renegotiate at market rates, EBITDA halves and shares fall 55-75% to $8-$15.