The Law Offices of Vincent Wong are investigating the Board of Directors of WebMD Health Corp. WBMD for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Internet Brands, a KKR portfolio company. Under the terms of the deal, WebMD shareholders will receive $66.50 for each share of WebMD stock they own.
The investigation concerns whether the WebMD Board of Directors breached their fiduciary duties to WebMD stockholders by failing to adequately shop the Company before entering into this transaction and whether Internet Brands is underpaying for WebMD shares, thus unlawfully harming WebMD stockholders.
If you own common stock in WebMD and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/WBMD-Info-Request-Form-1657.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170731006158/en/
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