Shareholders Foundation, Inc.

Investigation for Investors over Potential Wrongdoing in Buyout of Surgical Care Affiliates Inc (NASDAQ:SCAI)

An investigation on behalf of investors of Surgical Care Affiliates Inc (NASDAQ:SCAI) in connection with the proposed takeover was announced and NASDAQ:SCAI stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 01/18/2017 -- The acquisition of Surgical Care Affiliates Inc is under investigation over potential wrongdoing. The investigation was announced for investors, who currently hold NASDAQ:SCAI shares, concerning whether the takeover of Surgical Care Affiliates Inc. by Optum at $56.66 per share is unfair.

Investors who purchased shares of Surgical Care Affiliates Inc (NASDAQ:SCAI) and currently hold any of those NASDAQ:SCAI shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain officers and directors of Surgical Care Affiliates Inc breached their fiduciary duties owed to NASDAQ:SCAI investors in connection with the proposed acquisition.

On January 9, 2017, Optum, part of UnitedHealth Group (NYSE:UNH), and Surgical Care Affiliates Inc (NASDAQ:SCAI) announced that they are combining. The agreement calls for the acquisition of Surgical Care Affiliates Inc's outstanding common stock for $57.00 per NASDAQ:SCAI share.

However, the investigation concerns whether the offer is unfair to NASDAQ:SCAI stockholders. More specifically, the investigation concerns whether the Surgical Care Affiliates Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Shares of Surgical Care Affiliates Inc (NASDAQ:SCAI) closed on January 17, 2017 at $56.66 per share.

Those who are current investors in Surgical Care Affiliates Inc shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com