EQUITY ALERT: The Rosen Law Firm Announces Investigation of American Realty Capital Healthcare Trust, Inc. (HCT) Concerning t...
09 Junho 2014 - 7:33PM
Business Wire
The Rosen Law Firm, P.A. is investigating the Board of Directors
of American Realty Capital Healthcare Trust, Inc. (NASDAQ GS:HCT)
for possible breaches of fiduciary duties and other violations of
law by failing to adequately shop ARC Healthcare to maximize
shareholder value before entering into an agreement with Ventas,
Inc. (NYSE:VTR).
If you would like to join the action, please call Phillip Kim,
Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposed transaction, shareholders have
the option to elect to receive either 0.1688 Ventas common shares
or $11.33 in cash for each share of ARC Healthcare stock they own.
The proposed transaction is valued at approximately $2.6 billion.
The investigation relates to whether the proposal is fair to public
shareholders and whether ARC Healthcare’s Board of Directors
breached its fiduciary duties in connection with the proposed
transaction.
If you own and purchased ARC Healthcare common stock before June
2, 2014 and wish to obtain additional information, please visit the
website at http://rosenlegal.com/buyoutcases.html. You may also
contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm
toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
The Rosen Law Firm P.A.Phillip Kim, Esq.Laurence Rosen,
Esq.Kevin Chan, Esq.275 Madison Avenue 34th FloorNew York, New York
10016Tel: 212-686-1060Toll Free: 1-866-767-3653Fax:
212-202-3827pkim@rosenlegal.comlrosen@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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