Bragar Eagel & Squire, P.C. Is Investigating the Board of Directors of Inland Real Estate Corp. (IRC) on Behalf of Stockholders
December 15 2015 - 5:30PM
Business Wire
Bragar Eagel & Squire, P.C. is investigating potential
claims on behalf of Inland Real Estate Corp. (NYSE:IRC) investors
concerning the proposed acquisition of the company by DRA Advisors,
LLC.
The investigation concerns whether the company’s board of
directors violated their fiduciary duties by failing to maximize
stockholder value. Under the terms of the proposed transaction,
Inland’s stockholders will receive $10.60 in cash for each Inland
share they own. This is below Inland’s 52-week high of $11.67 per
share and one Wall Street analyst’s target price of $12.00 per
share.
If you purchased Inland securities, have information or would
like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters please contact J. Brandon Walker, Esq. by
email at investigations@bespc.com, or telephone at (212) 355-4648,
or by filling out this contact form. There is no cost or obligation
to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm
concentrating in commercial and securities litigation. For
additional information, please go to www.bespc.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151215006896/en/
Bragar Eagel & Squire, P.C.J. Brandon Walker, Esq.,
212-355-4648investigations@bespc.com
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