|[April 24, 2014]
The Alexander Firm P.C. Announces Investigation of Chindex International, Inc. and Its Board of Directors
LOS ANGELES --(Business Wire)--
Alexander Firm P.C., A Professional Law Corporation, announces that
it is investigating potential claims for breach of fiduciary duty
against the Board of Directors of Chindex International, Inc. ("Chindex"
or the "Company") (NASDAQ:CHDX) concerning the proposed acquisition of
the Company by an affiliate of TPG, Fosun Industrial Co., Limited (which
is an affiliate of Shanghai Fosun Pharmaceutical (Group) Co., Ltd., and
Ms. Roberta Lipson, the CEO of the Company (the "Buyer Consortium").
According to the Company, the transaction is currently valued at $24.00
per share in cash and implied equity value of $461 million.
Chindex is an American healthcare company which provides services in
China through the operations of United Family Healthcare, a network of
private primary care hospitals and affiiated ambulatory clinics. This
investigation concerns whether the Board of Directors of Chindex
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
whether the Buyer Consortium is underpaying for Chindex shares, and
whether or not the Company has disclosed all material information to
shareholders about the transaction.
If you are a shareholder of Chindex, if you have information or would
like to learn
more about our investigation, or if you wish to discuss these
matters or have any questions concerning this announcement, or your
rights or interests with respect to these matters, please contact Vahn
Alexander, Esq., The Alexander Firm P.C., A Professional Law
Corporation, 1875 Century Park East, Suite 700, Los Angeles, California
90067, by telephone at (310) 407-5335, or by email to firstname.lastname@example.org,
or visit our website at www.alexanderfirmpc.com.
With 20 years of class action and complex litigation experience, The
Alexander Firm is committed to protecting the rights of investors
throughout the Country. This press release may be considered Attorney
Advertising in some jurisdictions.
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