BALA CYNWYD, Pa., June 4, 2014 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of American Realty
Capital Healthcare Trust, Inc. ("American Realty" or the "Company")
(Nasdaq: HCT) relating to the proposed acquisition by Ventas, Inc.
("Ventas").
Click here to learn more about the investigation
http://brodsky-smith.com/764-hct-american-realty-capital-healthcare-trust-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, American Realty shareholders
will receive only $11.33 in cash or
0.1688 of a share of Ventas common shares for each share of
American Realty stock they own. The investigation concerns possible
breaches of fiduciary duty and other violations of state law by the
Board of Directors of American Realty for not acting in the
Company's shareholders' best interests in connection with the sale
process.
Further, the investigation seeks to determine if the transaction
undervalues American Realty given that the American Realty
portfolio consists of more than 4 million square feet of medical
office space across 78 properties, which is 97% rented. In
addition, American Realty also has a portfolio of 42 senior housing
properties, including 29 non-triple net senior communities that are
94% occupied.
If you own shares of American Realty common stock and wish to
discuss the legal ramifications of the proposed transaction, or
have any questions, you may e-mail or call the law office of
Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala
Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/764-hct-american-realty-capital-healthcare-trust-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC