SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Vanguard Health Systems, Inc.
08 Juli 2013 - 4:51PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Vanguard Health Systems, Inc. (“Vanguard Health” or the “Company”)
(NYSE: VHS) relating to the acquisition by Tenet Healthcare
Corporation. (“Tenet”).
Click here to learn more about the investigation
http://brodsky-smith.com/606-vhs-vanguard-health-systems-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Vanguard Health shareholders
will receive $21.00 in cash for each share of Vanguard Health stock
they own. The investigation concerns possible breaches of fiduciary
duty and other violations of state law by the Board of Directors of
Vanguard Health for not acting in the Company’s shareholders' best
interests in connection with the sale process. The transaction may
undervalue the Company as Vanguard Health had revenues of just
under $6 billion. The merger between Tenet and Vanguard creates a
larger company that can compete with much larger firms like HCA but
denies Vanguard Health shareholders the opportunity to reap these
benefits as they are being cashed out with out the opportunity to
receive stock in the combined Company.
If you own shares of Vanguard Health common stock and wish to
discuss 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 602, Bala Cynwyd,
PA 19004, by e-mail at investorrelations@brodsky-smith.com, by
visiting
http://brodsky-smith.com/606-vhs-vanguard-health-systems-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 case 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 successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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