Air Methods explores possible sale
ENGLEWOOD — Air Methods Corp., a medical-helicopter company, soon might have a new owner.
The Wall Street Journal reports that the company is exploring a possible sale, citing “people familiar with the matter.” The company’s stock soared 7.5 percent Wednesday, to $38.40 per share, providing a market capitalization of almost $1.4 billion.
Word of the potential sale came after hedge fund Voce Capital Management LLC on Monday threatened a campaign to obtain more control over the company’s board of directors.
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ENGLEWOOD — Air Methods Corp., a medical-helicopter company, soon might have a new owner.
The Wall Street Journal reports that the company is exploring a possible sale, citing “people familiar with the matter.” The company’s stock soared 7.5 percent Wednesday, to $38.40 per share, providing a market capitalization of almost $1.4 billion.
Word of the potential sale came after hedge fund Voce Capital Management LLC on Monday threatened a campaign to obtain more control over the company’s board of directors.
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