|[February 21, 2014]
Law Offices of Howard G. Smith Announces Investigation of Emeritus Corp.
BENSALEM, Pa. --(Business Wire)--
Law Offices of Howard G. Smith announces that it is investigating
potential claims against the Board of Directors of Emeritus Corp.
("Emeritus" or the "Company") (NYSE:ESE) related to the proposed
acquisition of the Company by Brookdale. The stock transaction is valued
at approximately $1.4 billion, or $28.56 per share.
This investigation concerns whether the Board of Directors of Emeritus
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Company has disclosed all material information to
shareholders about the transaction.
If you are a shareholder of Emeritus, if you have information or would
like to learn more about our investigation, or if you wish to discuss
these matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Howard
G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847,
Toll Free at 888-638-4847, or by email to firstname.lastname@example.org,
or visit our website at http://www.howardsmithlaw.com.
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