BALA CYNWYD, Pa., June 16, 2016 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Envision Healthcare Holdings, Inc. ("Envision" or "the Company") (NYSE- EVHC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to AmSurg Corp. ("AmSurg").
Click here to learn more about the investigation http://brodsky-smith.com/1090-evhc-envision-healthcare-holdings-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Envision shareholders will receive only 0.334 shares of AmSurg common stock for each share of Envision stock they own. The transaction values Envision stock at approximately $26.21 per share. The investigation concerns whether the Board of Envision breached their fiduciary duties to shareholders and whether AmSurg is underpaying for the percentage of the combined company it will receive. The transaction may undervalue Envision and would result in no real gain or a loss for many Envision shareholders. For example, Envision stock traded at $43.34 per share on September 17, 2015 and $27.80 per share on June 9, 2016. In addition, an analyst has set a price target for Envision stock at $31.00 per share.
If you own shares of Envision stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/1090-evhc-envision-healthcare-holdings-inc.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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SOURCE Brodsky & Smith, LLC