SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Nutrisystem, Inc. to Tivity Health, Inc. is Fair to Shareholders

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NEW YORK, Dec. 10, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Nutrisystem, Inc. ("Nutrisystem" or the "Company") NTRI stock prior to December 10, 2018.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Nutrisystem to Tivity Health, Inc. TVTY. Under the terms of the transaction, Nutrisystem shareholders will receive $38.75 per share in cash and 0.2141 Tivity Health, Inc. shares for each share of Nutrisystem stock they own. Based on the volume-weighted average price of Tivity Health's stock for the ten days ended December 3, 2018, the consideration represents approximately $47 per share. To learn more about the action and your rights, go to:

https://www.zlk.com/mna/nutrisystem-inc

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Nutrisystem merger investigation concerns whether the Board of Nutrisystem breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Tivity Health, Inc. is underpaying for Nutrisystem shares, thus unlawfully harming Nutrisystem shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

 

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