Finkelstein Thompson LLP Announces Investigation of RehabCare Group, Inc.
February 08 2011 - 3:29PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of RehabCare Group, Inc. (“RehabCare” or the
“Company”) (NYSE: RHB) concerning the sale of the Company to
Kindred Healthcare, Inc. (“Kindred”) (NYSE: KND) for $26.00 per
share in cash and 0.471 of a share of Kindred common stock. Based
on the average value of Kindred common stock in the preceding ten
trading days prior to signing of the definitive merger agreement,
each RehabCare shareholder will receive consideration valued at
approximately $35 per share. The total consideration value is
approximately $1.3 billion.
The investigation is focused on the potential unfairness of the
consideration to RehabCare shareholders, the process by which the
Board of Directors considered the transaction, and potential
conflicts of interests among RehabCare Board members. If you are
interested in discussing your rights as a RehabCare shareholder, or
have information relating to this investigation, please contact
Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or
by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
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