Health & Fitness
Health and Fitness
Health and Fitness 
Tue, February 15, 2011
Mon, February 14, 2011
Brower Piven Announces an Investigation of the Acquisition of Emergency Medical Services Corp. by Clayton Dubilier & Rice, LLC
STEVENSON, Md.--([ BUSINESS WIRE ])--The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Emergency Medical Services Corp. (aE.M.S.a) (NYSE: EMS) and other violations of state law by the Board of Directors of E.M.S. relating to the proposed acquisition of the company by Clayton, Dubilier & Rice, LLC (CD&R). The firma™s investigation seeks to determine whether E.M.S. and its Board breached their fiduciary duties by failing to maximize shareholder value.
On February 14, 2011, E.M.S. and CD&R jointly announced that they had entered into a definitive merger agreement for E.M.S. to be acquired by CD&R. Under the terms of the agreement, each stockholder of E.M.S. common stock will receive $64 per share in cash. This price represents a 9.4% discount of E.M.S.a™s closing stock price on February, 11, 2011 of $70.66. The deal is valued at $3.2 billion.
If you currently own shares of E.M.S. and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at [ hoffman@browerpiven.com ], by calling 410/415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.