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Merger News

Levi & Korsinsky Announces Investigation of the ATHN Merger; athenahealth Acquisition

Levi & Korsinsky

November 13, 2018

NEW YORK, November 13, 2018 – Levi & Korsinsky, LLP announces an investigation into the fairness of the sale of athenahealth, Inc. (“athenahealth” or the “Company”) (NASDAQGS: ATHN) to an affiliate of Veritas Capital and Evergreen Coast Capital. Under the terms of the transaction, athenahealth shareholders will receive $135 per share; the transaction has a total approximate value of $5.7 billion in cash. To learn more about the ATHN merger and your rights, go tohttps://www.zlk.com/mna/athenahealth-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The athenahealth merger investigation concerns whether the Board of athenahealth breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the affiliate of Veritas and Evergreen is underpaying for athenahealth shares, thus unlawfully harming athenahealth shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com