Law Office of Brodsky & Smith, LLC Announces Investigation of Emergency Medical Services Corporation
16 Février 2011 - 5:30AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Emergency Medical Services Corporation. (“Emergency Medical” or the
“Company”) (NYSE - EMS) relating to the proposed acquisition by
Clayton, Dubilier & Rice, LLC. (“Clayton”).
Under the terms of the transaction, Emergency Medical
shareholders would receive $64.00 in cash for each share of Class A
and Class B common stock, and LP Exchangeable Unit they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of
Emergency Medical by not acting in Emergency Medical shareholders'
best interests in connection with the sale process to Clayton. The
transaction may undervalue Emergency Medical as EMS stock traded at
$70.69 as recently as February 10, 2011 and traded at $64.67 on
January 4, 2011.
If you own shares of Emergency Medical stock and wish to discuss
the legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, visiting
http://brodsky-smith.com/264-ems-emergency-medical-sevices-corporation.html,
or by calling toll free 877-LEGAL-90.
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