WILMINGTON, Del., Oct. 20, 2015 /PRNewswire/ -- Rigrodsky
& Long, P.A.:
- Do you own shares
of Campus Crest Communities, Inc. (NYSE:
CCG)?
- Did you purchase
any of your shares prior to October 16,
2015?
- Do you think the
proposed buyout value is too low?
- Do you want to
discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Campus
Crest Communities, Inc. ("Campus Crest" or the "Company") (NYSE:
CCG) regarding possible breaches of fiduciary duties and other
violations of law related to the Company's entry into an agreement
to be acquired by Harrison Street Real Estate Capital, LLC
("Harrison Street"), in a
transaction valued at approximately $1.9
billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/campus-crest-ccg.
Under the terms of the agreement, shareholders of Campus Crest
will receive approximately $7.03 per
share.
The investigation concerns whether Campus Crest's board of
directors failed to adequately shop the Company and obtain the best
possible value for Campus Crest's shareholders before entering into
an agreement with Harrison
Street. According to Yahoo! Finance, at least one
analyst has issued a price target for Campus Crest stock at
$8.00 per share.
If you own the common stock of Campus Crest and purchased your
shares before October 16, 2015, if
you have information or would like to learn more about these
claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington,
DE 19803, by telephone at (888) 969-4242; by e-mail at
info@rl-legal.com; or at:
http://www.rigrodskylong.com/investigations/campus-crest-ccg.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation, and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/campus-crest-communities-inc-shareholder-alert-rigrodsky--long-pa-announces-investigation-of-buyout-300163055.html
SOURCE Rigrodsky & Long, P.A.