Article: Laidlaw to Acquire American Medical Response, Inc.; Merger Will Combine Top Two Ambulance Companies in U.S.

AURORA, Colo., Jan. 6 /PRNewswire -- American Medical Response, Inc. (NYSE: EMT) announced today that it had signed a definitive agreement through which Laidlaw Inc. (NYSE: LDWB) will acquire American Medical Response.

According to the terms of the merger agreement, Laidlaw will commence a tender offer to acquire 100 percent of American Medical Response's outstanding shares for $40 per share, or an equity value of approximately $1.12 billion. The transaction is expected to close in February, subject to a tender of a minimum of two-thirds of American Medical Response's outstanding shares, required regulatory approvals, and other customary conditions. American ...

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