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SAN DIEGO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of CoreSite Realty Corporation (NYSE: COR) ("CoreSite" or the "Company") breached their fiduciary duties in connection with the proposed sale of the Company to American Tower Corporation (NYSE: AMT).
On November 15, 2021, CoreSite announced entering into a merger agreement with American Tower. Under the terms of the proposed transaction, shareholders of CoreSite will receive only $170 per share in cash for each share.
Nationally recognized Johnson Fistel is investigating whether the proposed deal represents adequate consideration.
If you are a shareholder of CoreSite and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (email@example.com) at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson Fistel, LLP
Jim Baker, 619-814-4471