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SFMS Announces Investigation into Gentiva Health Servicesa? Acquisition of Odyssey Healthcare

^{Published on 2010-05-26 09:05:16 - Market Wire}
 

HARTFORD, Conn.--([ BUSINESS WIRE ])--Shepherd, Finkelman, Miller & Shah, LLP (aSFMSa) ([ http://www.sfmslaw.com ]) is investigating the agreement under which Gentiva Health Services (aGentivaa) (Nasdaq: GTIV) intends to acquire Odyssey Healthcare, Inc. (aOdyssey Healthcarea) (Nasdaq: ODSY). Odyssey Healthcare, based in Dallas, Texas, provides hospice care for patients. Gentiva, with headquarters in Atlanta, Georgia, provides home health services. The agreement, announced on May 24, 2010, would allow Gentiva to acquire Odyssey Healthcare for $27.00 per share, or approximately $1.1 billion for the transaction. SFMSa™ investigation of the agreement concerns whether there has been adequate disclosure to shareholders concerning the terms of the acquisition and whether the compensation offered to Odyssey Healthcare shareholders pursuant to the acquisition is adequate. The transaction is expected to be completed in the third quarter of 2010.

If you own shares of Odyssey Healthcare and would like to request additional information about this investigation, please contact Karen M. Leser-Grenon at [ kleser@sfmslaw.com ] or toll-free at 866-540-5505 (ext. 206) or Patrick A. Klingman at [ pklingman@sfmslaw.com ] or toll-free at 866-540-5505 (ext. 205).

Shepherd, Finkelman, Miller & Shah, LLP ([ http://www.sfmslaw.com ]) is a law firm that represents consumers, fiduciaries, beneficiaries and investors, including institutions and individuals, in class action and other complex litigation, and maintains offices in California, Connecticut, Florida, New Jersey, Pennsylvania and Wisconsin. The firma™s attorneys have experience prosecuting cases on behalf of shareholders in mergers and acquisitions throughout the United States.

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