NEW YORK--(BUSINESS WIRE)-- <\/p>\n
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Coventry Health Care, Inc. (Coventry or the Company) (CVH) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Aetna Inc. (Aetna) (AET) in a cash-and-stock deal valued at approximately $7.3 billion. Under the terms of the proposed transaction, Coventry stockholders will receive $27.30 in cash and 0.3885 Aetna common shares for each Coventry share they own. The agreement values the proposed consideration at approximately $42.08 per share, based on the closing price of Aetna common shares on Friday, August 17, 2012. <\/p>\n
Request more information now by clicking here: http:\/\/www.faruqilaw.com\/CVH<\/a>. There is no cost or obligation to you. <\/p>\n Whether Coventrys Board of Directors breached their fiduciary duties to the Companys stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Coventrys shares and by how much this proposed transaction undervalues the Company to the detriment of Coventrys shareholders are the key focus of this investigation. <\/p>\n Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firms clients. <\/p>\n If you own common stock in Coventry and wish to obtain additional information and protect your investments free of charge, please visit us at http:\/\/www.faruqilaw.com\/CVH<\/a> or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com<\/a> or by telephone at (877) 247-4292 or (212) 983-9330. <\/p>\n Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case. <\/p>\n<\/p>\n Visit link:<\/p>\n Coventry Health Care, Inc. (CVH) is Investigated by Faruqi & Faruqi, LLP for Potential Breaches of Fiduciary Duties by ...<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" NEW YORK--(BUSINESS WIRE)-- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Coventry Health Care, Inc. Continue reading