NEW YORK, Sept. 15, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City, is investigating The Advisory Board Company ("Advisory
Board" or the "Company") (NASDAQ: ABCO) relating to the sale of the
Company's health care business to OptumInsight, Inc. and a
definitive purchase agreement to sell its education business to
affiliates of Vista Equity Partners. As a result of the
merger, ABCO shareholders are only anticipated to receive
$54.29 in cash, which includes a
fixed amount of $52.65 per share and
the after-tax value at closing of the Company's 7.6% stake in
Evolent Health, Inc. (which has been estimated as of August 28, 2017), in exchange for each common
unit of ABCO.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether ABCO and its Board of
Directors violated securities laws and/or breached their fiduciary
duties to the Company's by 1) failing to conduct a fair process and
2) whether and by how much this proposed transaction undervalues
the Company.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting shareholders
and consumers from corporate wrongdoing. Monteverde &
Associates lawyers have significant experience litigating Mergers
& Acquisitions and Securities Class Actions, whereby they
protect investors by recovering money and remedying corporate
misconduct.
If you own common stock in ABCO and wish to obtain additional
information and protect your investments free of charge, please
visit our website or contact Juan E.
Monteverde, Esq. either via e-mail at
jmonteverde@monteverdelaw.com or by telephone at (212)
971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC