Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Emergency Medical Services - EMS
19 Février 2011 - 12:31AM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Emergency Medical Services Corporation (“EMS” or the
“Company”) (NYSE: EMS) for potential breaches of fiduciary duties
in connection with their conduct related to the sale of the Company
to Clayton, Dubilier & Rice LLC for an estimated $2.9 billion.
The proposed transaction only offers EMS shareholders $64 in cash
for each share they hold, a sharp discount from the levels at which
the stock had traded days ago. According to Yahoo! Finance, at
least one financial analyst values the Company’s stock at $73 per
share.
Request more information now by clicking here:
www.faruqilaw.com/EMS.
Whether the EMS’ Board of Directors breached their fiduciary
duties to EMS’ stockholders by failing to conduct an adequate and
fair sales process to sell the Company prior to agreeing to this
proposed transaction, whether the proposed transaction undervalues
EMS’ shares and by how much this proposed transaction undervalues
the Company to the detriment of EMS shareholders are the key focus
of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in EMS and wish to obtain additional
information, please visit us at www.faruqilaw.com/EMS or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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