EQUITY ALERT: Rosen Law Firm Announces Investigation of Gilmcher Realty Trust Concerning its Proposed Sale to Washington Prime Group, Inc.
The Rosen Law Firm, P.A. announces that it is investigating the Board of Trustees of Gilmcher Realty Trust (NYSE:GRT) for possible breaches of fiduciary duty and other violations of state law in connection with their approval of the proposed sale to Washington Prime Group, Inc. (NYSE:WPG) .
If you would like to join the action, go to http://rosenlegal.com/cases-363.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at email@example.com or firstname.lastname@example.org. There is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive $10.40 in cash and 0.1989 shares of WPG for each share of Gilmcher they own. The proposed transaction is valued at approximately $4.3 billion. The investigation relates to whether the proposal for $10.40 in cash and 0.1989 shares of WPG per share is fair to public shareholders and whether Gilmcher’s Board breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Gilmcher and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-363.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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