Vanguard Health Systems Shareholder Alert: Briscoe Law Firm and Powers Taylor Investigate Sale to Tenet Healthcare Corp.
June 24 2013 - 10:46AM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor,
LLP are investigating the sale of Vanguard Health Systems, Inc.
(“Vanguard”) (NYSE: VHS) to Tenet Healthcare Corporation for
shareholders. Under the terms of the proposed sale, Vanguard
shareholders will receive only $21 in cash for each share of
Vanguard stock owned in a deal valued at approximately $4.3 billion
including the assumption of debt.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, please contact Willie Briscoe
at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at
WBriscoe@TheBriscoeLawFirm.com or Zachary Groover at Powers Taylor,
LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com.
There is no cost or fee to you.
The investigation of the Vanguard sale concerns whether
Vanguard’s shareholders are receiving adequate value for their
shares and whether Vanguard’s board breached their fiduciary duties
to the shareholders by not attempting to obtain the highest share
price for all shareholders prior to agreeing to the deal.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor,
LLPZachary Groover, 877-728-9607zach@powerstaylor.com
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