NEW YORK, Aug. 20, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Skilled Healthcare Group, Inc. ("Skilled Healthcare" or the "Company") (NYSE: SKH) concerning the proposed acquisition of the Company by Genesis HealthCare ("Genesis").
Under the terms of the transaction, Skilled Healthcare shareholders would own 25.75% of the post-merger entity, while the shareholders of Genesis would own the remaining 74.25%. Shareholders representing over 80% of Skilled Healthcare's voting power have already agreed to the transaction.
Our investigation concerns whether the Skilled Healthcare board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Skilled Healthcare shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP