Wolf Haldenstein Investigating Odyssey Healthcare, Inc. Board
24 Mayo 2010 - 12:01PM
Business Wire
Attorney Advertising. The law firm of Wolf Haldenstein Adler
Freeman & Herz LLP is investigating possible breaches of
fiduciary duty by the Board of Directors of Odyssey Healthcare,
Inc. (“Odyssey” or the “Company”) [NASDAQ:ODSY] arising out of the
proposed acquisition of Odyssey by Gentiva Health Services, Inc.
(“Gentiva”).
On Monday, May 24, 2010, Gentiva and Odyssey announced that
Gentiva will acquire Odyssey pursuant to an all cash offer. Under
the terms of the agreement, Odyssey stockholders will receive cash
of $27 in exchange for each share of Odyssey common stock. However,
the Odyssey Board may have failed to adequately investigate the
Gentiva offer and the true value of Odyssey, thus unlawfully
harming Odyssey shareholders.
Wolf Haldenstein has been representing individual and
institutional investors for many years, serving as lead counsel in
numerous cases in U.S. federal and state courts. Please visit the
Wolf Haldenstein website (http://www.whafh.com) for more
information about the firm.
If you own Odyssey common stock and you wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Gustavo Bruckner or Derek Behnke Wolf Haldenstein Adler Freeman
& Herz LLP 270 Madison Avenue New York, NewYork 10016 Phone
Numbers: (800) 575-0735 (212) 545-4600 Email:
bruckner@whafh.com
Classmember@whafh.com
Website: http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
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