NEW YORK--(EON: Enhanced Online News)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of Cole Real Estate Investments, Inc. (“Cole” or the “Company”) (NYSE: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.