Clayton, Dubilier & Rice to Acquire Emergency Medical Services for $64 per Share Totaling $3.2B

Emergency Medical Services Corporation EMS and Clayton, Dubilier & Rice, LLC announced today a definitive merger agreement under which an affiliate of CD&R formed to complete the merger will acquire EMSC. Under the terms of the agreement EMSC stockholders would receive, at the closing of the transaction, $64.00 in cash for each share of EMSC Class A common stock and Class B common stock and each LP Exchangeable Unit.