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Air Methods to be acquired by American Securities in $2.5 billion deal

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Staff Writer | March 14, 2017
Air Methods Corporation has entered into a definitive agreement to be acquired by affiliates of American Securities.
Air Methods Corporation
Acquisition   $43.00 per share in cash
Under the terms of the agreement, affiliates of American Securities will acquire all outstanding shares of Air Methods for $43.00 per share in cash.

This represents a 20.4% premium to Air Methods’ stock price of $35.70 on January 31, 2017 prior to press speculation regarding a sale, and a 24.7% premium to 30-day volume-weighted average price of $34.49 as of the same date.

The transaction, which was unanimously approved by Air Methods’ board of directors, has a total enterprise value of approximately $2.5 billion, including net debt.


 

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