Symbion finally completes its IPO, two years after longtime CEO Dick Francis pulls the filing after market conditions begin to look less favorable.
When it does go public in early 2004, Symbion owns and operates 26 surgery centers in 15 states, including one licensed surgical hospital. The company safely meets its $115-million goal with the stock offering.
Ten years later, Surgery Partners will acquire Symbion in a $792 million deal.