CHANGE HEALTHCARE ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of CHNG and Encourages Investors to Contact the Firm

On January 6, 2020, Change Healthcare announced that it had signed an agreement to be acquired by UnitedHealth in an all-cash deal.

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GlobeNewswire, Inc.

Retrieved on:

Wednesday, January 6, 2021

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Tags:

Companies, UnitedHealth Group, Corporate finance, Change Healthcare, Mergers and acquisitions, GE Healthcare, Economy

Geotags:

NEW YORK, Us, CALIFORNIA

Organisation:

BRAGAR EAGEL & SQUIRE

Summary

Key Points:

On January 6, 2020, Change Healthcare announced that it had signed an agreement to be acquired by UnitedHealth in an all-cash deal.
Pursuant to the merger agreement, Change Healthcare stockholders will receive $25.75 in cash for each share of Change Healthcare common stock owned.
Bragar Eagel & Squire is concerned that Change Healthcares board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Change Healthcares stockholders.

NEW YORK, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Change Healthcare Inc. (NASDAQ: CHNG) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by UnitedHealth Group (NYSE: UNH).

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On January 6, 2020, Change Healthcare announced that it had signed an agreement to be acquired by UnitedHealth in an all-cash deal. Pursuant to the merger agreement, Change Healthcare stockholders will receive $25.75 in cash for each share of Change Healthcare common stock owned. The deal is scheduled to close in the second half of 2021.

Bragar Eagel & Squire is concerned that Change Healthcare’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Change Healthcare’s stockholders.

If you own shares of Change Healthcare and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at [email protected] or telephone at (646) 860-9157, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:
Bragar Eagel & Squire, P.C.
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.
[email protected]
www.bespc.com