The Law Offices of Vincent Wong Announce an Investigation of Emdeon Inc.

NEW YORK--()--The Law Offices of Vincent Wong are investigating the Board of Directors of Emdeon Inc. (NYSE: EM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Blackstone Capital Partners VI L.P. Under the terms of the deal, Blackstone will pay Emdeon shareholders $19.00 in cash per share of Emdeon common stock for a transaction total of approximately $3 billion. Shareholders that represent approximately 70% of the Company’s outstanding shares have agreed to tender their shares.

To get more information and join the action, click here: http://www.wongesq.com/emdeon.html.

The investigation concerns whether the Emdeon Board of Directors breached their fiduciary duties to Emdeon stockholders by failing to adequately shop the Company before entering into this transaction and whether Blackstone Capital Partners VI L.P. is underpaying for Emdeon shares. According to Thomson/First Call, at least one analyst set a price target of $21.00 per Emdeon share.

If you own common stock in Emdeon and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/emdeon.html.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Law Offices of Vincent Wong
Vincent Wong, Esq., 212-584-2740
Fax: 866-367-6510
vw@wongesq.com

Release Summary

The Law Offices of Vincent Wong are investigating the Board of Directors of Emdeon Inc. (NYSE: EM) for possible breaches of fiduciary duty and other violations of state law

Contacts

Law Offices of Vincent Wong
Vincent Wong, Esq., 212-584-2740
Fax: 866-367-6510
vw@wongesq.com