BALA CYNWYD, Pa., May 22, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Omnicare, Inc.
("Omnicare" or "the Company") (NYSE -OCR-News) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to CVS Health Corporation,
Inc. ("CVS").
Click here to learn more about the investigation
http://brodsky-smith.com/941-ocr-omnicare-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Omnicare shareholders will
receive only $98.00 in cash for each
share of Omnicare stock they own. The investigation concerns
whether the Board of Omnicare breached their fiduciary duties to
shareholders and whether CVS is underpaying for Omnicare. The
transaction may undervalue Omnicare as the Company has had 20%
annual increases in revenue from its specialty unit, which provides
services that support drug makers, distributors and health
professionals who care for patients with complex diseases. Thereby,
allowing CVS to expand significantly in the assisted-living market,
which is expected to grow markedly. In addition, an analyst has
placed a $104.00 per share price
target on Omnicare stock.
If you own shares of Omnicare and wish to discuss the legal
ramifications of the investigation, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who
will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith,
Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004,
by visiting http://brodsky-smith.com/941-ocr-omnicare-inc.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC