WILMINGTON, Del., Aug. 20, 2014 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of Skilled Healthcare Group, Inc. (NYSE: SKH)?
- Did you purchase any of your shares prior to August 18, 2014?
- Do you think the proposed merger value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Skilled Healthcare Group, Inc. ("Skilled Healthcare" or the "Company") (NYSE: SKH) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to merge with Genesis HealthCare ("Genesis").
Click here to learn more: http://www.rigrodskylong.com/investigations/skilled-healthcare-group-inc-skh.
Under the terms of the agreement, Skilled Healthcare shareholders will collectively own 25.75% of the vote and value of the fully-diluted equity of the combined company. Genesis shareholders will own the other 74.25%.
The investigation concerns whether Skilled Healthcare's board of directors failed to adequately shop the Company and obtain the best possible value for Skilled Healthcare's shareholders before entering into an agreement with Genesis.
If you own the common stock of Skilled Healthcare and purchased your shares before August 18, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org, or at: http://www.rigrodskylong.com/investigations/skilled-healthcare-group-inc-skh.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Rigrodsky & Long, P.A.