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 email@example.com or by telephone at (212) 971-1341.
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
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.
View original content with multimedia:http://www.prnewswire.com/news-releases/urgent-monteverde--associates-pc-announces-an-investigation-of-the-merger-acquisition-of-the-advisory-board-company-by-optuminsight-inc--abco-300520718.html
SOURCE Monteverde & Associates PC