Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Emdeon Inc. (“Emdeon” or the “Company”) (NYSE: EM) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired and taken private by Blackstone Capital Partners VI, L.P. (“Blackstone”) in a transaction with an approximate value of $3 billion.

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Under the proposed agreement, Emdeon shareholders will receive $19.00 per share in cash for each share Emdeon common stock they own. General Atlantic and Hellman & Friedman have agreed to vote shares owned by them representing, in the aggregate, approximately 70% of the Company’s outstanding shares, in favor of the transaction. In addition, Hellman & Friedman will maintain a significant minority equity interest in Emdeon after the transaction closes.

The investigation concerns whether Emdeon’s board of directors adequately shopped the Company to obtain the best price possible for Emdeon’s shareholders before entering into the agreement with Blackstone. Indeed, according to Yahoo! Finance, at least one analyst has set a $21.00 per share target for Emdeon stock.

If you own the common stock of Emdeon and purchased your shares before August 4, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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