CHINDEX INTERNATIONAL SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Chindex International Over the Proposed Sale of the Company to TPG and Fosun Pharma - WLNS TV 6 Lansing - Jackson | Your Local News Leader
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SOURCE Faruqi & Faruqi, LLP
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Chindex International
NEW YORK, Feb. 21, 2014 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Chindex International, Inc. ("Chindex" or the "Company") (Nasdaq: CHDX) for potential breaches of fiduciary duties in connection with the sale of the Company to TPG-led group for approximately $369 million. The Company's stockholders will only receive $19.50 for each share of Chindex common stock they own.
The investigation focuses on whether Chindex's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Chindex's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in Chindex and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/CHDX or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
Faruqi & Faruqi, LLP 369 Lexington Avenue, 10th Floor New York, NY 10017 Attn: Juan E. Monteverde, Esq. email@example.com Toll Free: (877) 247-4292 Phone: (212) 983-9330
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