Coinciding with yesterday’s press releases surrounding AMR’s merger and acquisition, Envision Healthcare (AMR’s parent company), filed their 8-K notice and agreement with the Securities and Exchange Commission.
In it’s SEC filings, Envision Healthcare stated that:
Subject to the terms and conditions of the Merger Agreement, Merger Sub will be merged with and into Rural/Metro (the “Merger”), with Rural/Metro surviving the Merger as a wholly owned subsidiary of AMR. The merger consideration is approximately $620 million in cash and is subject to a number of adjustments specified in the Merger Agreement.
It’s reasonable to assume that should the regulatory bodies approve this acquisition, the companies will continue to operate as distinct organizations as best practices are adopted from each while operations are integrated. This is similar to the gradual integration of PMT into Rural Metro’s organization.
Until the acquisition closes and the appropriate regulatory agencies have approved the transactions, both companies must continue “business as usual,” including competing for contracts and customers — as neither organization can risk a loss should the transaction be blocked by any agency.