Provided By PR Newswire
Last update: Nov 2, 2022
NEW YORK, Nov. 2, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Benefitfocus, Inc. ("Benefitfocus" or the "Company") (NASDAQ: BNFT), in connection with the proposed acquisition of the Company by Voya Financial, Inc. (NYSE: VOYA). Under the terms of the merger agreement, the Company's shareholders will receive $10.50 in cash for each share of Benefitfocus common stock owned. The transaction is valued at $570 million.
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