SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of EMERITUS CORP. and Its Board of Directors In Connection With the Sale of the Company to Brookdale Senior Living Inc.

[February 20, 2014]

INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of EMERITUS CORP. and Its Board of Directors In Connection With the Sale of the Company to Brookdale Senior Living Inc.

NEW YORK --(Business Wire)--

Levi & Korsinsky commenced an investigation the Board of Directors of Emeritus Corp. ("Emeritus" or "the Company") (NYSE: ESC (News - Alert)) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Brookdale Senior Living Inc. ("Brookdale") (NYSE: BKD).

Click here to learn more: http://zlk.9nl.com/emeritus-esc, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Emeritus shareholder will receive 0.95 shares of Brookdale common stock for each share of Emeritus stock they own. The deal has a total approximate value of $2.8 billion, including the assumption of debt. The investigation concerns whether the Emeritus Board breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Brookdale is underpaying for Emeritus shares.


If you own Emeritus common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/emeritus-esc.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy