Undisclosed Hospital Operator

Situation

Gordian was engaged by counsel to former shareholders of certain public companies involved in large leveraged buyouts.  The Plaintiffs filed a lawsuit against certain defendants alleging the violation of antitrust laws through a market allocation and bid-rigging conspiracy that seemingly eliminated competition, and thus, severely depressed buyout proceeds in various buyouts.

Engagement

Gordian was asked to assist in evaluating the buyout of a hospital chain, one of the core transactions to the lawsuit, and provide analysis and opinions regarding potential valuation and process irregularities.

Outcome

The case settled favorably for the Plaintiffs.