• Harwood Feffer LLP Announces Investigation of Proposed Sale of PharMerica Corporation

    August 2, 2017

    NEW YORK, Aug. 2, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of PharMerica Corporation ("PharMerica" or the "Company") (NYSE: PMC) concerning the proposed sale of the Company to KKR & Co. ("KKR") and Walgreens Boots Alliance Inc. ("Walgreens").

    Harwood Feffer LLP. (PRNewsFoto/Harwood Feffer LLP)

    Under the terms of the agreement, KKR and Walgreens would acquire PharMerica in a transaction valued at approximately $1.4 billion. Pursuant to the deal, PharMerica stockholders will receive $29.25 in cash per share. At least one analyst had a price target of $31.00 per share.

    Our investigation concerns whether the PharMerica board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.

    If you own PharMerica shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

    Daniella Quitt, Esq.
    Robert I. Harwood, Esq.
    Harwood Feffer LLP
    488 Madison Avenue
    New York, New York 10022
    Phone Numbers: (877) 935-7400
    (212) 935-7400
    Email: dquitt@hfesq.com
    Website: http://www.hfesq.com
    Follow us on Twitter: @HarwoodFeffer

    Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

    Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

     

    SOURCE Harwood Feffer LLP

A New York City Law Firm Serving Investors and Consumers
HARWOOD FEFFER LLP
488 Madison Avenue, 8th Floor
New York, New York 10022
(Toll Free) 1 877 935 7400
(NYC) 212 935 7400

Disclaimer





Website by FATHOM