SFMS Announces Investigation into Gentiva Health Services’ Acquisition of Odyssey Healthcare
26 Mayo 2010 - 11:00AM
Business Wire
Shepherd, Finkelman, Miller & Shah, LLP (“SFMS”)
(http://www.sfmslaw.com) is
investigating the agreement under which Gentiva Health Services
(“Gentiva”) (Nasdaq: GTIV) intends to acquire Odyssey Healthcare,
Inc. (“Odyssey Healthcare”) (Nasdaq: ODSY). Odyssey Healthcare,
based in Dallas, Texas, provides hospice care for patients.
Gentiva, with headquarters in Atlanta, Georgia, provides home
health services. The agreement, announced on May 24, 2010, would
allow Gentiva to acquire Odyssey Healthcare for $27.00 per share,
or approximately $1.1 billion for the transaction. SFMS’
investigation of the agreement concerns whether there has been
adequate disclosure to shareholders concerning the terms of the
acquisition and whether the compensation offered to Odyssey
Healthcare shareholders pursuant to the acquisition is adequate.
The transaction is expected to be completed in the third quarter of
2010.
If you own shares of Odyssey Healthcare and would like to
request additional information about this investigation, please
contact Karen M. Leser-Grenon at kleser@sfmslaw.com or toll-free at
866-540-5505 (ext. 206) or Patrick A. Klingman at pklingman@sfmslaw.com or toll-free at
866-540-5505 (ext. 205).
Shepherd, Finkelman, Miller & Shah, LLP (http://www.sfmslaw.com) is a law firm
that represents consumers, fiduciaries, beneficiaries and
investors, including institutions and individuals, in class action
and other complex litigation, and maintains offices in California,
Connecticut, Florida, New Jersey, Pennsylvania and Wisconsin. The
firm’s attorneys have experience prosecuting cases on behalf of
shareholders in mergers and acquisitions throughout the United
States.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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