CIVITAS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Civitas Solutions, Inc. - CIVI
NEW ORLEANS--(BUSINESS WIRE)--Jan 8, 2019--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Civitas Solutions, Inc. (“Civitas”) (NYSE: CIVI) to funds advised by Centerbridge Partners, L.P. Under the terms of the proposed transaction, shareholders of Civitas will receive only $17.75 in cash for each share of Civitas that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( firstname.lastname@example.org ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-civi/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190108006046/en/
CONTACT: Kahn Swick & Foti, LLC
Lewis S. Kahn, Managing Partner, 855-768-1857
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: HEALTH HOSPITALS MENTAL HEALTH OTHER HEALTH PROFESSIONAL SERVICES LEGAL GENERAL HEALTH MANAGED CARE
SOURCE: Kahn Swick & Foti, LLC
Copyright Business Wire 2019.
PUB: 01/08/2019 03:38 PM/DISC: 01/08/2019 03:38 PM