HealthSpring, Inc. Announces Pricing of Public Offering of Common Stock

NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthSpring, Inc. (NYSE:HS) announced today that it has priced its underwritten public offering of 7,500,000 shares of its common stock. The shares were resold by the underwriters at a price of $35.95 per share. The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,125,000 shares of common stock. The closing of the sale of the common stock, which is subject to customary closing conditions, is expected to occur on or about March 29, 2011.