MultiPlan and Churchill Capital Corp III Reach Agreement to Combine

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Jul 13, 2020
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- Transaction Will Deliver Financial Flexibility to Fuel MultiPlan's Significant Organic and Acquisition Growth Opportunities

- MultiPlan Brings Affordability and Fairness to the Healthcare System, Delivering Approximately $19 Billion in Medical Cost Reduction on over 135 Million Claims

- MultiPlan's Value to Healthcare Payers Will Be Enriched by Three Key Growth Pillars: Enhancing, Extending and Expanding Capabilities and Services

- Current MultiPlan Management Will Continue to Lead the Company

- Transaction Includes $1.3 Billion Fully Committed Common Stock at $10 Per Share and $1.3 Billion Convertible Debt, Convertible at $13 Per Share

- Investor Call on Monday, July 13, 2020 at 8:00 am EST

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