Updated: Harwood Feffer LLP Announces Investigation of Gentiva Health Services, Inc.

NEW YORK, Oct. 9, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Gentiva Health Services, Inc. ("Gentiva" or the "Company") (NASDAQ: GTIV) concerning the proposed acquisition of the Company by Kindred Healthcare Inc. ("Kindred").    

On October 9, 2014, the Company announced that it had agreed to a transaction under which Kindred will pay $14.50 in cash and $5 of Kindred common stock for each share of Gentiva. 

On May 13, 2014, the Gentiva Board of Directors rejected an unsolicited acquisition offer by Kindred worth approximately $533 million in cash and stock, or approximately $14 per share.  According to correspondence between the two companies, Gentiva also rejected a $13 per share offer from Kindred in April.

Our investigation concerns whether the Gentiva board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders. 

If you own Gentiva shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Logo - http://photos.prnewswire.com/prnh/20120215/MM54604LOGO

SOURCE Harwood Feffer LLP