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SKILLED HEALTHCARE ALERT: Proposed Merger of Skilled Healthcare Group, Inc. Being Investigated by Johnson & Weaver, LLPSAN DIEGO --(Business Wire)-- Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Skilled Healthcare Group, Inc. (NYSE: SKH) breached their fiduciary duties in connection with the proposed merger of the Company with Genesis HealthCare. Additional Information: Skilled Healthcare owns and operates skilled nursing facilities, assisted living facilities, hospices, home health providers and a rehabilitation therapy business. On August 18, 2014, Skilled Health announced it had signed a definitive agreement to combine with Genesis HealthCare. Under the terms of the merger agreement Skilled Healthcare shareholders will collectively own 25.75% of the vote and value of the fully-diluted equity of the combined Company. Genesis HealthCare shareholders will own the othr 74.25%. The combined Company will operate under the Genesis HealthCare name and will be traded on the NYSE. Robert Fish (News - Alert), Skilled Healthcare's CEO, was formerly the CEO of Genesis. Mr. Fish has change of control provisions in his employment agreement. As of December 31, 2013 acceleration of equity awards was valued at $3,848,000 in the event of a change in control. If you are a shareholder of Skilled Healthcare and believe (1) the proposed buyout price is too low or (2) the merger benefits management more than the shareholders, and (3) you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. About Johnson & Weaver, LLP: Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
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