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Tue, February 15, 2011
[ Tue, Feb 15th 2011 ] - Market Wire
RPID -- February 15, 2011
Mon, February 14, 2011

Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Emergency Medical Services Corporation, in


Published on 2011-02-14 16:40:17 - Market Wire
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BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Emergency Medical Services Corporation (aEMSCa or the aCompanya) (NYSE:EMS) related to the Companya™s agreement to be acquired by an affiliate of private equity firmClayton, 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 EMSCa™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 ].