Health Management Associates Inc (NYSE:HMA) Investor Alert: Investigation over Potential Takeover
An investigation on behalf of investors of Health Management Associates Inc (NYSE:HMA) in connection with a potential takeover was announced and Health Management Associates Inc (NYSE:HMA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWire) -- 06/18/2013 --An investigation on behalf of investors, who currently hold NYSE:HMA shares, was announced concerning whether a takeover of Health Management Associates Inc would be unfair to investors in NYSE:HMA shares.
Investors who purchased shares of the Health Management Associates Inc (NYSE:HMA) and currently hold any of those NYSE:HMA shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm is at an early stage and concerns whether a potential takeover would be unfair to Health Management Associates investors.
On June 11, 2013, a media report stated that Health Management Associates Inc is a subject of merger speculation.
However the investigation a law firm concerns whether the Health Management Board of Directors will undertake an adequate sales process, adequately shop the company before entering into any transaction, maximize shareholder value by negotiating the best price, and act in the shareholders' best interests in connection with the proposed sale.
Health Management Associates Inc reported that its annual Total Revenue rose from over $4.46 billion in 2010 to over $5.8 billion in 2012 and that its respective Net Income rose from $150.07 million to $164.27 million.
Shares of Health Management Associates Inc (NYSE:HMA) grew from $1.59 in 2009 to as high as $16.36 on June 14, 2013.
On June 17, 2013, NYSE:HMA shares closed at $16.06 per share.
Those who are current investors in Health Management Associates Inc (NYSE:HMA) and purchased their Health Management Associates shares prior to the announcement, have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
Media Relations Contact
Joelle Day
Media and CR Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com
View this press release online at: http://rwire.com/268038