Emergency Medical Sevices Corporation Merger Litigation (NYSE: EMS)
Law Office of Brodsky & Smith, LLC Announces Investigation of Emergency Medical Services Corporation.
BALA CYNWYD – (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 - News) 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 firstname.lastname@example.org, or by calling toll free 877-LEGAL-90.
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