24.07.2017 18:41:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of WebMD Health Corp. (WBMD)
NEW YORK, July 24, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims of whether the board members of WebMD Health Corp. ("WebMD" or the "Company") (NASDAQ: WBMD) breached their fiduciary duties in connection with the proposed sale of the Company to KKR's Internet Brands. Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/wbmd.
On July 24, 2017, WebMD revealed that it had signed a definitive merger agreement with Internet Brands. Under the terms of the agreement, WebMD shareholders will receive $66.50 per share for each share of WebMD common stock they own.
The investigation focuses on whether the WebMD board members failed to fulfill their duties to the shareholders and whether Internet Brands is underpaying for WebMD.
If you are a shareholder of WebMD and would like to learn more about this investigation you can visit the firm's site: www.bgandg.com/wbmd. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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