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EMS Emergency Medical Services Corp

63.97
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Emergency Medical Services Corp NYSE:EMS NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 63.97 0.00 01:00:00

The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Emergency Medical Service...

15/02/2011 9:31pm

Business Wire


Emergency medical (NYSE:EMS)
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The Law Office of Joseph Klein is investigating the Board of Directors of Emergency Medical Services Corporation (NYSE: EMS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Clayton, Dubilier & Rice, LLC a private equity investment firm. Under the terms of the proposed transaction, EMS shareholders will receive $64 in cash per EMS share for a total transaction value of approximately $3.0 billion.

The investigation concerns whether the EMS Board of Directors breached their fiduciary duties to EMS stockholders by failing to adequately shop the Company before entering into this transaction and whether Clayton, Dubilier & Rice is underpaying for EMS shares. EMS stock traded as high as $70.94 as recently as February 10, 2011. Also, the median price target for EMS stock set by analysts is $68 per share and at least one analyst set a price target of $76 per share.

If you own common stock in EMS and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/emergency-medical-ems.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

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