We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Shareholders Sue EMSC Over $3.2B Deal

Law360 (February 22, 2011, 3:24 PM EST) -- Shareholders have lodged at least two class action lawsuits against Emergency Medical Services Corp. over its planned $3.2 billion sale to private equity firm Clayton Dubilier & Rice LLC.

One suit was filed Thursday in the U.S. District Court for the District of Colorado, several days after the company announced the deal. Another lawsuit is pending in Colorado's Arapahoe County District Court, according to court records.

The lawsuits come after plaintiffs' firms made clear they would be investigating the deal. Lawyers called into question the $64...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.