Retail Properties Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Retail Properties of America, Inc. is Fair to Shareholders; Investors are Encouraged to Contact the Firm RPAI
NEW YORK, July 19, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Retail Properties of America, Inc. (NYSE: RPAI) to Kite Realty Group Trust is fair to Retail Properties shareholders. Under the terms of the merger agreement, each Retail Properties common share will be converted into 0.6230 newly issued Kite Realty common shares. On a pro forma basis, following the closing of the transaction, Retail Properties shareholders are expected to own approximately 60% of the combined companys equity.
Retail Properties Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Retail Properties of America, Inc. is Fair to Shareholders; Investors are Encouraged to Contact the Firm RPAI
NEW YORK, July 19, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Retail Properties of America, Inc. (NYSE: RPAI) to Kite Realty Group Trust is fair to Retail Properties shareholders. Under the terms of the merger agreement, each Retail Properties common share will be converted into 0.6230 newly issued Kite Realty common shares. On a pro forma basis, following the closing of the transaction, Retail Properties shareholders are expected to own approximately 60% of the combined companys equity.