Brower Piven Announces Investigation Of The Acquisition of Odyssey Healthcare, Inc. by Gentiva
July 07 2010 - 11:09AM
Business Wire
The law firm of Brower Piven, A Professional Corporation, is
investigating whether the Board of Directors of Odyssey Healthcare,
Inc. (“Odyssey”) (Nasdaq: ODSY) breached its fiduciary duty to its
shareholders in agreeing to sell Odyssey Healthcare to Gentiva
Health Services, Inc. (“Gentiva”) (Nasdaq: GTIV).
Under the terms of the agreement, Odyssey Healthcare
shareholders will receive $27 in cash for each share they own,
placing the total value of the transaction at approximately $1
billion. The companies expect to close the deal in the third
quarter of 2010. The investigation is focused on the potential
unfairness of the price to Odyssey Healthcare shareholders and the
process by which the Odyssey Healthcare Board of Directors
considered and approved the transaction.
If you are a holder of Odyssey stock, and have information, or
would like to learn more about these claims, you may contact Brower
Piven at www.browerpiven.com, by email at piven@browerpiven.com, by
calling 410/415-6701, or at Brower Piven, A Professional
Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153.
Attorneys at Brower Piven have combined experience litigating
securities and class action cases of over 40 years.
Odyssey Healthcare (MM) (NASDAQ:ODSY)
Historical Stock Chart
From May 2024 to Jun 2024
Odyssey Healthcare (MM) (NASDAQ:ODSY)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Odyssey Healthcare (MM) (NASDAQ): 0 recent articles
More Brower Piven, A Professional Corporation News Articles