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Article Excerpt
GREENWOOD VILLAGE, Colo. -- Emergency Medical Services Corporation (NYSE: EMS) (the "Company") today announced that it has entered into a definitive agreement to acquire Abbott Ambulance, Inc. ("Abbott"), based in St. Louis, Missouri. Abbott is the largest private provider of emergency and non-emergency ambulance services in the greater St. Louis area. As part of the transaction, the Company also will acquire certain affiliates of Abbott, including Mission Care of Illinois, LLC, a provider of emergency and non-emergency ambulance services in southwest Illinois; the IHM Health Studies Center, an accredited paramedic training school; and Access2Care, LLC, a growing company in the managed transportation business.
William A. Sanger, EMSC Chairman and Chief Executive Officer, said, "This acquisition provides EMS entry into a new market in two business lines. A strong and well-managed company, Abbott will serve...
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