The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Aviv REIT, Inc. (“Aviv” or the “Company”) (NYSE: AVIV) relating to the proposed buyout of the Company by Omega Healthcare Investors, Inc. (“Omega”).

On October 31, 2014, Aviv and Omega announced the signing of a definitive agreement pursuant to which Omega will acquire Aviv in a transaction valued at approximately $3 billion. Under the terms of the transaction, shareholders of Aviv will receive 0.90 shares of Omega stock for each share of Aviv common stock that they own. Based on the closing stock price for Omega on Thursday, October 30th, 2014, this consideration would be equivalent to $34.97 of Omega stock for each Aviv share. The transaction is expected to close in the first quarter of 2015, though Aviv shareholders will most likely be asked to vote on the transaction well before that time.

The firm’s investigation seeks to determine, among other things, whether Aviv’s Board of Directors failed to satisfy their duties to the Company’s shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for the Company’s shares of common stock.

If you currently own common stock of Aviv and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.

Charles J. PivenBrower Piven, A Professional Corporation1925 Old Valley RoadStevenson, Maryland 21153Telephone: 410-415-6616hoffman@browerpiven.com

American Century (NYSE:AVIV)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos American Century.
American Century (NYSE:AVIV)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos American Century.