|By PR Newswire||
|August 20, 2014 10:49 AM EDT||
WAYNE, Pa., Aug. 20, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Skilled Healthcare Group, Inc. ("Skilled Healthcare" or the "Company") (NYSE: SKH) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Genesis Healthcare.
If you own shares of Skilled Healthcare and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/skh. You may also email Mr. Maniskas at [email protected].
Under the terms of the merger agreement Skilled Healthcare shareholders will collectively own 25.75% of the vote and value of the fully-diluted equity of the combined Company. Genesis HealthCare shareholders will own the other 74.25%. The combined Company will operate under the Genesis HealthCare name and will be traded on the NYSE.
Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Skilled Healthcare for not acting in the Company's shareholders' best interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. To learn more about the class action process, please visit: www.rmclasslaw.com.
SOURCE Ryan & Maniskas, LLP
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