NEW YORK, July 14, 2008 (PRIME NEWSWIRE) -- Levi & Korsinsky announces an investigation on the proposed acquisition of Apria Healthcare Group Inc. ("Apria" or the "Company") (NYSE:AHG)
On June 19, 2008, Apria announced that it has entered into a definitive merger agreement with an affiliate of The Blackstone Group, a private equity fund. Under the terms of the proposal, Apria's shareholders would receive $21.00 per share in cash, or approximately $1.6 billion. Subject to customary conditions and regulatory approvals, the acquisition will be completed in the second half of 2008. Upon closing, Apria will no longer be publicly traded. If you own common stock in Apria and wish to obtain additional information please contact us at the number listed below.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.
About Apria Healthcare Group Inc.
Apria is a national provider of a broad range of home healthcare services and products including home infusion therapy, home respiratory therapy and home medical equipment.