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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Almost Family, Inc. (NASDAQ: AFAM) to LHC Group, Inc. Under the terms of the transaction, Almost Family shareholders will receive 0.9150 shares of LHC Group for each Almost Family share.
The investigation concerns whether the Board of Almost Family breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether LHC Group Inc. is underpaying for Almost Family shares, thus unlawfully harming Almost Family shareholders.
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