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.

Bragar Eagel & Squire, P.C.J. Brandon Walker, Esq., 212-355-4648investigations@bespc.com

Inland Real Estate (NYSE:IRC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Inland Real Estate Charts.
Inland Real Estate (NYSE:IRC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Inland Real Estate Charts.