Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Team Health Holdings Inc (NYSE: TMH) acted responsibly on behalf of investors’ profitability in the planned $6.1 billion sale to Blackstone Group LP.
On October 31, 2016, Team Health Holdings Inc (NYSE: TMH) and Blackstone Group LP announced that they had entered into a merger agreement. Under the terms of the merger agreement, Team Health will offer Blackstone shareholders $43.50 per share in cash for all outstanding shares.
Based in Knoxville, Tennessee, and founded in 1979 Team Health Holdings Inc provides outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers.
The investigation is looking to uncover whether Team Health Holdings Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $61.00 per share.
If you purchased Team Health Holdings Inc (NYSE: TMH) prior to October 31, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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