AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
June 02 2014 - 1:43PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of American Realty
Capital Healthcare Trust, Inc. (NASDAQ GS:
HCT)?
- Did you purchase any of your shares
prior to June 2, 2014?
- Do you think the proposed buyout
price 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 American
Realty Capital Healthcare Trust, Inc. (“ARC Healthcare” or the
“Company”) (NASDAQ GS: HCT) regarding possible breaches of
fiduciary duties and other violations of law related to the
Company’s entry into an agreement to be acquired by Ventas, Inc.
(“Ventas”) (NYSE: VTR), in a transaction valued at approximately
$2.6 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/american-realty-capital-healthcare-trust-inc-hct.
Under the terms of the agreement, public shareholders of ARC
Healthcare can elect to receive $11.33 in cash or 0.1688 shares of
Ventas for each share of ARC Healthcare they own.
The investigation concerns whether ARC Healthcare’s board of
directors failed to adequately shop the Company and obtain the best
possible value for ARC Healthcare’s shareholders before entering
into an agreement with Ventas.
If you own the common stock of ARC Healthcare and purchased your
shares before June 2, 2014, 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, Delaware 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/american-realty-capital-healthcare-trust-inc-hct.
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.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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