NEW YORK, May 6, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Chesapeake Lodging Trust (CHSP) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Park Hotels & Resorts Inc. (PK). Stockholders will receive $11.00 and 0.628 shares of Park Hotels & Resorts common stock for each share of Chesapeake Lodging Trust stock that they hold. The transaction is valued at approximately $2.7 billion and is expected to close in late third or early fourth quarter of 2019.
If you are a stockholder of Chesapeake Lodging Trust and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/chsp. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at email@example.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
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