AMERICAN RESIDENTIAL PROPERTIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
08 Dicembre 2015 - 1:31AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of American
Residential Properties, Inc. (NYSE: ARPI)?
- Did you purchase any of your shares
prior to December 3, 2015?
- Do you think the proposed buyout
value is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of American
Residential Properties, Inc. (“ARPI” or the “Company”) (NYSE: ARPI)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by American Homes 4 Rent (“AMH”) (NYSE: AMH), in a
transaction valued at approximately $1.5 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/american-residential-properties-inc-arpi.
Under the terms of the agreement, shareholders of ARPI will
receive 1.135 common shares or limited partnership units of AMH,
representing a current value per share/unit of ARPI of $19.01 based
on AMH closing price on December 2, 2015.
The investigation concerns whether ARPI’s board of directors
failed to adequately shop the Company and obtain the best possible
value for ARPI’s shareholders before entering into an agreement
with AMH. According to Yahoo! Finance, at least one analyst has
issued a price target for ARPI stock at $23.00 per share.
If you own the common stock of ARPI and purchased your shares
before December 3, 2015, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/american-residential-properties-inc-arpi.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151207006522/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
Grafico Azioni AMERICAN RESIDENTIAL PROPERTIES, (NYSE:ARPI)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni AMERICAN RESIDENTIAL PROPERTIES, (NYSE:ARPI)
Storico
Da Nov 2023 a Nov 2024