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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Kindred Healthcare, Inc. (NYSE: KND) to a consortium composed of TPG Capital, Welsh, Carson, Anderson & Stowe, and Humana Inc. for $9 per share.
The investigation concerns whether the Board of Kindred Healthcare breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the Consortium is underpaying for Kindred Healthcare shares, thus unlawfully harming Kindred Healthcare shareholders.
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