Law Firm Brower Piven Announces Investigation of Vanguard Health Systems, Inc. Proposed Buyout
June 24 2013 - 11:05AM
Business Wire
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of Vanguard Health
Systems, Inc. (“Vanguard” or the “Company”) (NYSE: VHS) and other
violations of state law by the board of directors of Vanguard
relating to the proposed buyout of the Company by Tenet Healthcare
Corporation. The firm’s investigation seeks to determine, among
other things, whether the board of directors of Vanguard breached
their fiduciary duties by failing to maximize shareholder
value.
According to the press release announcing the proposed buyout,
Vanguard shareholders will receive $21.00 per share in cash for
each share of Vanguard stock they own.
If you currently own common stock of Vanguard and would like to
learn more about the investigation being conducted by Brower Piven,
you may email or call Brower Piven, who will, without obligation or
cost to you, attempt to answer your questions. You may contact
Brower Piven by email at hoffman@browerpiven.com, by calling (410)
415-6616, or at Brower Piven, A Professional Corporation, 1925 Old
Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven
have combined experience litigating securities and other class
action cases of over 60 years.
Brower Piven, A Professional CorporationStevenson,
MarylandCharles J. Piven, (410) 415-6616hoffman@browerpiven.com
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