Prospect Medical Holdings, Inc. Announces Ending of “Go-Shop” Period
Prospect Medical Holdings, Inc. (Nasdaq: PZZ) today announced the expiration of the 40-day “go-shop” period during which Prospect solicited alternative proposals to the proposed acquisition of Prospect by entities affiliated with Leonard Green & Partners, L.P., a private equity fund.
The “go-shop” process was expressly contemplated by the previously announced merger agreement, dated as of August 16, 2010.
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