Investor Alert: Update on Proposed Acquisition of Sierra Health Services, Inc. - SIE
March 14 2007 - 3:38PM
PR Newswire (US)
DALLAS, March 14 /PRNewswire/ -- On March 12, 2007, Sierra Health
Services, Inc. (NYSE:SIE) entered into a definitive merger
agreement with UnitedHealth Group (NYSE:UNH) whereby UnitedHealth
will acquire all outstanding Sierra Health shares for $43.50 per
share. The price per share offered by UnitedHealth is 12.24% more
than the stock's closing price prior to the deal's announcement. If
the proposed merger is finalized, Sierra Health will no longer be a
publicly traded company. While Sierra Health and UnitedHealth have
announced they expect the merger to close prior to the end of 2007,
shareholder approval is required before the acquisition can be
completed. If you are a current Sierra Health Services, Inc.,
shareholder and would like to be advised of your rights in this
matter, you may contact Baron & Budd, P.C. at the phone number
below. You may also visit Baron & Budd online at
http://www.securitiesactions.com/ . About Baron & Budd, P.C.
Since 1977, the law firm of Baron & Budd, P.C. has championed
the rights of people and communities harmed by corporate
misconduct. With offices in Texas, Illinois, Ohio, Louisiana, and
New York, Baron & Budd enjoys a national reputation as a leader
of the plaintiff's bar. The firm represents individuals with
mesothelioma and other diseases caused by asbestos; leukemia and
lymphoma caused by benzene; and injuries caused by other toxic
substances and pharmaceuticals. The firm also represents water
authorities seeking clean-up costs for drinking water
contamination; securities investors defrauded by corporate
wrongdoing; and consumers. For more information about Baron &
Budd, call 1-800-222-2766 or visit http://www.baronandbudd.com/ .
For more information about Baron & Budd's securities litigation
practice, please visit http://www.securitiesactions.com/ . CONTACT:
Baron & Budd, P.C. Randall K. Pulliam, Esq. (800) 222-2766,
ext. 6235 or (214) 523-6235 DATASOURCE: Baron & Budd, P.C.
CONTACT: Randall K. Pulliam, Esq., of Baron & Budd, P.C.,
+1-800-222-2766, ext. 6235, or +1-214-523-6235, or Web site:
http://www.securitiesactions.com/ http://www.baronandbudd.com/
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