Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Vanguard Health Systems, Inc. Shareholders
June 25 2013 - 10:39AM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Vanguard Health Systems, Inc. (“Vanguard”
or the “Company”) (NYSE: VHS) related to the proposed acquisition
of the Company by Tenet Healthcare Corporation (“Tenet”) (NYSE:
THC). Under the terms of the definitive agreement, Tenet will
purchase all of the outstanding common stock of Vanguard for $21.00
per share in cash, for a total transaction value of approximately
$4.3 billion including the assumption of $2.5 billion of Vanguard
debt. The investigation concerns whether the Vanguard Board of
Directors violated its fiduciary duties by agreeing to this
transaction and whether the proposed $21.00 per share consideration
adequately values Vanguard common shares.
If you are a Vanguard shareholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
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