The Law Offices of Brad Wertheimer Investigates Claims That the Proposed Acquisition of Aviv REIT, Inc. May Not Be in Its Investors' Best Interest
PHILADELPHIA, Nov. 3, 2014 /PRNewswire/ -- The Law Offices of Brad Wertheimer is investigating claims on behalf of investors in Aviv REIT, Inc. (NYSE: AVIV), concerning the proposed acquisition of Aviv by Omega Healthcare Investors, Inc. (NYSE: OHI). Aviv shareholders seeking more information about this acquisition are advised to contact Kenneth Cooper at 267.687.2720 or [email protected].
The investigation concerns whether the Aviv directors are breaching their fiduciary duties by failing to adequately maximize shareholder value. Under the terms of the agreement, shareholders of Aviv will receive only 0.90 shares of Omega stock for each share of Aviv common stock that they own or approximately $34.97 based on Omega's closing price on October 30, 2014. The proposed transaction is valued at approximately $3 billion.
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SOURCE Law Offices of Brad Wertheimer
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