MultiPlan to go public in merger with Churchill Capital entity

MultiPlan Inc. is merging with a special purpose acquisition company in an $11 billion deal that will take the health-care-services provider public. 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 companies said late Sunday.