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Shareholder Alert: Ademi LLP investigates whether Convey Health Solutions Holdings, Inc. has obtained a Fair Price in its transaction with TPG Capital

CNVY

MILWAUKEE, June 21, 2022 /PRNewswire/ -- Ademi LLP is investigating Convey (NYSE: CNVY) for possible breaches of fiduciary duty and other violations of law in its transaction with TPG Capital.

AdemiLogo (PRNewsfoto/Ademi LLP)

Click here to learn how to join the action: https://www.ademilaw.com/case/convey-health-solutions-holdings-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi LLP alleges Convey's financial outlook and prospects are excellent and yet Convey holders will receive only $10.50 per share in cash, representing an enterprise value of approximately $1.1 billion. The transaction agreement unreasonably limits competing bids for Convey by imposing a significant penalty if Convey accepts a superior bid. Convey insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Convey's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Convey.

If you own Convey common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/convey-health-solutions-holdings-inc.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-convey-health-solutions-holdings-inc-has-obtained-a-fair-price-in-its-transaction-with-tpg-capital-301572117.html

SOURCE Ademi LLP

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