Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Emergency Medical Services Corporation, i...
2011年2月15日 - 9:30AM
ビジネスワイヤ(英語)
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
Emergency Medical Services Corporation (“EMSC” or the “Company”)
(NYSE:EMS) related to the Company’s agreement to be acquired by an
affiliate of private equity firm Clayton, Dubilier & Rice, LLC.
The proposed going-private transaction is valued at approximately
$3.2 billion.
Under the terms of the definitive merger agreement entered into
by the parties, EMSC stockholders would receive $64.00 in cash for
each share of EMSC Class A common stock and Class B common stock
and each LP Exchangeable Unit they own at the closing of the
transaction. If the transaction is completed, EMSC will become a
privately held company, and its common stock will no longer be
traded on the New York Stock Exchange. The transaction is expected
to close in the second quarter of 2011. The investigation concerns
possible breaches of fiduciary duty and other violations of law
related to approval of the proposed transaction by EMSC’s board of
directors.
If you are a shareholder of EMSC, if you have information or
would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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