Emergency Medical Services Up On Strategic Alternatives

Emergency Medical Services Corporation EMS is up sharply this morning, gaining more than 18% after the company announced its board of directors has confirmed it is reviewing its strategic alternatives. In plain English, that means the company is up for sale and we're looking at potential partners. The stock had initially gapped up, as someone caught wind of this news, but then came back down as it was never confirmed. Since the confirmation, the stock has move back towards the highs of the day. Emergency Medical Services Corporation operates in the ambulance and facility-based physician services market in the United States. It operates in two segments, American Medical Response and EmCare.