WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Team Health Holdings, Inc. (NYSE: TMH)?
- Did you purchase any of your shares prior to October 31, 2016?
- Do you think the proposed buyout price 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 Team Health Holdings, Inc. (“TeamHealth” or the “Company”) (NYSE: TMH) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by funds affiliated with Blackstone, a leading global asset manager, in a transaction valued at approximately $6.1 billion.
Click here to learn more: http://rigrodskylong.com/investigations/team-health-holdings-inc-tmh.
Under the terms of the agreement, shareholders of TeamHealth will receive $43.50 in cash for each share of TeamHealth common stock.
The investigation concerns whether TeamHealth’s board of directors failed to adequately shop the Company and obtain the best possible value for TeamHealth shareholders before entering into an agreement with Blackstone.
If you own the common stock of TeamHealth and purchased your shares before October 31, 2016, 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://rigrodskylong.com/investigations/team-health-holdings-inc-tmh.
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.
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