HOME PROPERTIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
25 Giugno 2015 - 1:12AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Home
Properties, Inc. (NYSE: HME)?
- Did you purchase any of your shares
prior to June 22, 2015?
- Do you think the proposed buyout
price 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 Home
Properties, Inc. (“Home Properties” or the “Company”) (NYSE: HME)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by an affiliate of Lone Star Funds (“Lone Star”), in
a transaction valued at approximately $7.6 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/home-properties-inc-hme.
Under the terms of the agreement, shareholders of Home
Properties will receive $75.23 in cash for each share of Home
Properties they own.
The investigation concerns whether Home Properties’ board of
directors failed to adequately shop the Company and obtain the best
possible value for Home Properties’ shareholders before entering
into an agreement with Lone Star. According to Yahoo! Finance, at
least one analyst has issued a price target for Home Properties
stock at $79.00 per share.
If you own the common stock of Home Properties and purchased
your shares before June 22, 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/home-properties-inc-hme.
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/20150624006535/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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