NEW YORK--(BUSINESS WIRE)--
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Cole Real Estate Investments, Inc. (“Cole” or the “Company”) (COLE) concerning the proposed acquisition of the Company by American Realty Capital Properties, Inc. (“ARCP”). Under the terms of the proposed transaction, Cole stockholders will receive either a fixed exchange ratio of 1.0929 shares of ARCP common stock or $13.82 in cash for each share of Cole owned, valuing the transaction at approximately $11.2 billion.
The investigation concerns whether Cole’s Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed consideration adequately values Cole’s common stock.
If you are a Cole stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, stockholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
- Investment & Company Information
J. Brandon Walker, Esq., 212-699-1145