Updated Jun. 25, 2013 at 7:13 a.m.

Premium Lock Raleigh health firm PRA sold to private equity firm in deal reportedly worth $1.3B

Published: 2013-06-24 08:37:00
Updated: 2013-06-25 07:13:59

PRA CEO Colin Shannon discusses sale In a photo tweeted by the company Monday, PRA CEO Colin Shannon discusses sale of the firm at a conference in Boston. Image 1 of 2 · Next Image…

PRA International had been exploring a possible initial public stock offering. Instead, it is being sold to private equity firm KKR. For the moment, companies involved are being quiet about most details - including the acquisition price. But media reports had estimated a selling price of around $1.3 billion....

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