Sierra Health Services, Inc. Sets Meeting Date and Record Date for Special Meeting of Stockholders
May 08 2007 - 6:52PM
Business Wire
Sierra Health Services, Inc. (NYSE:SIE) today announced that a
special meeting of stockholders, to consider and vote upon the
proposed merger with UnitedHealth Group, has been set for June 27,
2007. The meeting will be held in the Chairman�s Auditorium at the
Sierra Health Services corporate complex, 2716 North Tenaya Way,
Las Vegas, and will begin at 1 p.m. Pacific time. The record date
for the meeting is May 18, 2007. A Definitive Proxy Statement for
the special meeting will be mailed to stockholders beginning on or
about May 21, 2007. Sierra Health Services, Inc., based in Las
Vegas, is a diversified healthcare services company that operates
health maintenance organizations, indemnity insurers, preferred
provider organizations, prescription drug plans and multi-specialty
medical groups. Sierra�s subsidiaries serve over 860,000 people
through health benefit plans for employers, government programs and
individuals. For more information, visit the Company�s website at
www.sierrahealth.com. Additional Information and Where to Find It
In connection with the proposed merger between Sierra and a
subsidiary of UnitedHealth Group Incorporated and the other
transactions contemplated by the Plan and Agreement of Merger (the
�Merger Agreement�) between Sierra and UnitedHealth Group, Sierra
intends to file relevant materials with the Securities and Exchange
Commission (the �SEC�), including a proxy statement and related
proxy solicitation materials. BECAUSE THOSE DOCUMENTS WILL CONTAIN
IMPORTANT INFORMATION, INVESTORS AND HOLDERS OF SIERRA COMMON STOCK
ARE URGED TO READ THEM, IF AND WHEN THEY BECOME AVAILABLE. When
filed with the SEC, they will be available for free (along with
other documents and reports filed by Sierra and UnitedHealth Group
with the SEC), at the SEC�s website, http://www.sec.gov. In
addition, investors and Sierra stockholders may obtain free copies
of the documents filed with the SEC by Sierra by a written request
to Sierra Health Services, Inc., P.O. Box 15645, Las Vegas, NV
89114-5645, Attention: Investor Relations. Participants in the
Solicitation Sierra and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from the
holders of Sierra common stock in connection with the transactions
contemplated by the Merger Agreement. Information about the
directors and executive officers of Sierra is set forth in the
proxy statement for Sierra�s Annual Meeting of Stockholders, which
was filed with the SEC on April 14, 2006. Investors may obtain
additional information regarding the interests of such participants
in the Merger and the other transactions contemplated by the Merger
Agreement by reading the proxy statement and related proxy
solicitation materials if and when they become available.
UnitedHealth Group and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from the
holders of Sierra common stock in connection with the proposed
transactions. Information about the directors and executive
officers of UnitedHealth Group is set forth in the proxy statement
for UnitedHealth Group�s 2006 Annual Meeting of Stockholders, which
was filed with the SEC on April 26, 2006. Investors may obtain
additional information regarding the interests of such participants
by reading the prospectus and proxy solicitation statement if and
when it becomes available.
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