Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Ganey Holdings Inc (NYSE: PGND) acted responsibly on behalf of investors’ profitability in the planned $2.35 billion sale to EQT Equity Fund EQT VII, part of the global private equity group EQT.
On August 9, 2016, Ganey Holdings Inc (NYSE: PGND) and EQT Equity Fund EQT VII announced that they had entered into a merger agreement. Under the terms of the merger agreement, EQT will offer Ganey shareholders $40.50 per share in cash for all outstanding shares.
Based in Wakefield, Massachusetts, and founded in 1985 Ganey Holdings Inc provides patient experience and caregiver measurement, performance analytics, and strategic advisory solutions for healthcare organizations.
The investigation is looking to uncover whether Ganey Holdings Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $45.00 per share.
If you purchased Ganey Holdings Inc (NYSE: PGND) prior to August 9, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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