|[August 19, 2014]
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Skilled Healthcare Group, Inc. And The Company's Proposed Merger With Genesis HealthCare
STEVENSON, Md. --(Business Wire)--
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Skilled Healthcare Group, Inc. ("Skilled Healthcare" or the
"Company") (NYSE: SKH).
On August 18, 2014, Skilled Healthcare announced that it had signed a
definitive agreement to combine with Genesis HealthCare. Under the terms
of the proposed transaction, Skilled Healthcare shareholders will own
25.75 percent of the equity in the combined company and Genesis
HealthCare shareholders will own the remaining 74.25 percent. The
combined company will operate under the Genesis HealtCare name and
trade on the New York Stock Exchange.
The firm's investigation seeks to determine, among other things, whether
the proposal is fair to Skilled Healthcare shareholders and whether the
Company's Board of Directors breached their fiduciary duties in
connection with the proposed transaction.
If you currently own common stock of Skilled Healthcare and would like
to learn more about the investigation being conducted by Brower Piven,
without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at email@example.com
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
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