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The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of Nationwide H

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^{Published in Business and Finance on Monday, February 28th 2011 at 18:20 GMT by Market Wire}  

NEW YORK--([ BUSINESS WIRE ])--The Law Offices of Vincent Wong are investigating the Board of Directors of Nationwide Health Properties, Inc. (NYSE: NHP) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to Ventas, Inc. (NYSE: VTR). Under the terms of the agreement, Nationwide Health stockholders will receive 0.7866 Ventas shares per share of NHP common stock they own. The transaction implies a value for Nationwide Health stock of $44.99 per share for a total transaction value of $7.4 billion.

The investigation concerns whether the Nationwide Health Board of Directors breached their fiduciary duties to Nationwide Health stockholders by failing to adequately shop the Company before entering into this transaction and whether Ventas is underpaying for Nationwide Health shares.

If you own common stock in Nationwide Health and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [ vw@wongesq.com ], by telephone at 212.584.2740, or visit [ http://www.wongesq.com/nationwidehealth-nhp.html ].

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.