Cases
Cotiviti Holdings, Inc. (COTV)
Merger
Overview
Overview
- Date:
- 6/19/2018
- Company Name:
- Cotiviti Holdings, Inc.
- Stock Symbol:
- COTV
- Company Name - Buyer:
- Verscend Technologies, Inc.
- Status:
- Closed/Complete
NEW YORK, June 19, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Cotiviti Holdings, Inc. (NYSE: COTV) stockholders concerning the proposed acquisition of the company by Verscend Technologies, Inc., a portfolio company of Veritas Capital.
Pursuant to the proposed transaction, which is valued at approximately $4.9 billion, Cotiviti shareholders will receive $44.75 in cash per share of Cotiviti common stock. Advent International, a private equity firm, has entered into a voting agreement whereby it will vote shares representing 44% of the Company’s voting power in favor of the transaction. Our investigation concerns whether the Cotiviti board of directors failed to adequately shop the Company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Verscend.
If you own Cotiviti shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, which is valued at approximately $4.9 billion, Cotiviti shareholders will receive $44.75 in cash per share of Cotiviti common stock. Advent International, a private equity firm, has entered into a voting agreement whereby it will vote shares representing 44% of the Company’s voting power in favor of the transaction. Our investigation concerns whether the Cotiviti board of directors failed to adequately shop the Company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Verscend.
If you own Cotiviti shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.