Bull & Lifshitz, LLP Announces Investigation of
the Acquisition of ResCare, Inc.
September 16, 2010 12:47 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Bull & Lifshitz, LLP announces an investigation into possible
breaches of fiduciary duty in connection with the proposed acquisition of ResCare, Inc. (NASDAQ: RSCR - News)
(referred to as "ResCare" or the “Company”) by an entity sponsored by Onex Partners III, L.P. (referred to as
"Onex"), an affiliate of Onex Corporation, in a transaction valued at approximately $384 million.
Under the terms of the agreement, Onex would acquire all of the outstanding shares of ResCare common stock not
owned by Onex affiliates or participating members of ResCare's management for $13.25 per share in cash. The
definitive agreement provides that Onex will conduct a tender offer to purchase shares of ResCare common stock
which is scheduled to commence on September 22, 2010, and to expire at midnight on October 20, 2010, unless
extended in accordance with the terms of the agreement and applicable law.Certain officers of the Company have
agreed to exchange their shares for equity interests in the sponsored purchasing entity in lieu of receiving cash
consideration for their shares.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the
If you are a holder of ResCare stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz,
LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of ResCare and would like more information about our investigation, please contact Peter
D. Bull, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to:
Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-
related shareholder class actions, shareholder derivative actions, and secur