WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Surgical Care Affiliates, Inc. (NASDAQ GS: SCAI)?
- Did you purchase any of your shares prior to January 9, 2017?
- Do you think the proposed buyout 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 Surgical Care Affiliates, Inc. (“SCAI” or the “Company”) (NASDAQ GS: SCAI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by OptumCare, a leading health services company and part of UnitedHealth Group Incorporated (“UnitedHealth Group”) (NYSE: UNH), in a transaction valued at approximately $2.3 billion.
Click here to learn more: http://rigrodskylong.com/investigations/surgical-care-affiliates-inc-scai.
Under the terms of the agreement, shareholders of SCAI will receive $57.00 per share, to be funded between 51 percent and 80 percent with UnitedHealth Group common stock, with the final percentage to be determined at UnitedHealth Group’s option and the remainder in cash.
The investigation concerns whether SCAI’s board of directors failed to adequately shop the Company and obtain the best possible value for SCAI shareholders before entering into an agreement with UnitedHealth Group.
If you own the common stock of SCAI and purchased your shares before January 9, 2017, 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 email@example.com, or at: http://rigrodskylong.com/investigations/surgical-care-affiliates-inc-scai.
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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