Envision Healthcare Corporation (EVHC) and Praxair, Inc. (PX) News Highlights


Envision Healthcare Corporation (NYSE:EVHC) taking place in active move after fell -1.09% to the trading price of $42.80 in latest session.

Khang&Khang LLP reported that a securities class action lawsuit against Envision Healthcare Corporation (NYSE:EVHC). Investors who purchased or otherwise purchased Envision shares from March 2, 2015 through July 21, 2017, inclusive, are encouraged to contact the Firm before the October 3, 2017 lead plaintiff motion deadline.

According to the Complaint, throughout the Class Period, Envision made materially false and/or misleading statements, and/or failed to disclose material information, to investors. On July 24, 2017, The New York Times declared that hospitals associated with the Company’s subsidiary, EmCare Holdings, were disproportionately likely to engage in “surprise billing,” in which patients who sought treatment at in-network facilities were treated by out-of-network physicians and then billed at higher rates.

Its 52-week range quite noticeable, lower range was $0.21% and hit highest level of $-42.74%. The overall volume in the last trading session was 1.51 Million shares. The firm shares 50 day moving average were calculated -18.12%.

Praxair, Inc. (NYSE:PX) trade at $138.71 by knocked up 0.20% in most recent trading session with share volume of 1.47 Million. The shareholders of Praxair Inc. (PX) authorized the merger of the company with Linde AG with 83 per cent of the total issued and outstanding shares of Praxair common stock voted to approve the business combination, representing about 99 per cent of the total votes cast at a special shareholders meeting.

The approval represents the achievement of an essential condition for the transaction to close. A further condition to closing is the acceptance of the exchange offer of Lindeplc dated 15 August 2017 for at least 75 per cent of the outstanding Linde AG shares. The acceptance period for the exchange offer of Lindeplc ends on 24 October 2017 (24:00 hours CET).

Other conditions to closing include the obtaining of antitrust approvals and the fulfilment of regulatory requirements. Praxair, Inc. and Linde AG expect the merger to be completed in the second half of 2018.

The share is moved forward to its percent change from 52-week low of 21.22% and hanging back from its percent change from 52-week high of -1.37%. Shares price moved down from its 50 days moving average with 4.40% and remote positively from 200 days moving average with 10.30%.


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