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Levi & Korsinsky is investigating the Board of Directors of Health Grades Inc. (“Health Grades” or the “Company”) (NasdaqGS: HGRD) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to an affiliate of Vestar Capital Partners V, L.P. (“Vestar”). Under the terms of the transaction, Health Grades shareholders will receive $8.20 in cash for each Health Grades share of common stock they own for a total transaction value [...]