|[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
If you own Emeritus common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at email@example.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.
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