An investigation on was announced for investors in NASDAQ:AIRM concerning whether the takeover of Air Methods Corp. by American Securities LLC for $43.00 per share is unfair.
Investors who purchased shares of Air Methods Corp (NASDAQ:AIRM) and currently hold any of those NASDAQ:AIRM shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain officers and directors of Air Methods Corp breached their fiduciary duties owed to NASDAQ:AIRM investors in connection with the proposed acquisition.
On March 14, 2017, Air Methods Corp (NASDAQ:AIRM) announced that it has entered into an agreement to be acquired by affiliates of American Securities LLC. Under the terms of the agreement, affiliates of American Securities LLC will acquire all outstanding shares of Air Methods Corp (NASDAQ:AIRM) for $43.00 per share in cash.
However, given that at least one analyst has set the high target price for NASDAQ:AIRM shares at $47.00 per share, the investigation concerns whether the offer is unfair to NASDAQ:AIRM stockholders. More specifically, the investigation concerns whether the Air Methods Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders’ best interests in connection with the proposed sale.
Shares of Air Methods Corp (NASDAQ:AIRM) closed on April 3, 2017 at $43.00 per share.
Those who are current investors in NASDAQ:AIRM shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego