Kendall Law Group Investigates Catalyst Health Solutions, Inc.
April 18 2012 - 12:13PM
Business Wire
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating Catalyst Health Solutions, Inc. (NASDAQ: CHSI) for
shareholders in connection with the proposed acquisition by SXC
Health Solutions Corp. The national securities firm’s investigation
seeks to determine whether Catalyst Health Solutions and its Board
breached their fiduciary duties by entering into the agreement
without properly shopping for a deal that would provide better
value for shareholders. If you are a Catalyst Health Solutions
shareholder and would like additional information about your
rights, contact the Kendall Law Group at 877-744-3728 or by email
at investor@kendalllawgroup.com.
On April 18, 2012, the companies announced the definitive merger
agreement under which Catalyst Health Solutions would be acquired
by SXC, in a transaction valued at approximately $4.4 billion.
Under the terms of the agreement, Catalyst Health Solutions
stockholders will receive $28.00 in cash and 0.6606 shares of SXC
stock (NASDAQ: SXCI) for each share of Catalyst Health
Solutions/CHSI common stock held. The firm’s investigation seeks to
determine whether Catalyst Health Solutions and its Board undertook
a fair process in negotiating the deal.
Kendall Law Group was founded by a former federal judge,
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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