NEW YORK, Jan. 19, 2016 /PRNewswire/ -- Tripp Levy PLLC, a
leading national securities and shareholder rights law firm,
announces that it is investigating the potential sale of Rouse
Properties, Inc. (NYSE: RSE) ("Rouse" or the "Company") on behalf
of its shareholders. Brookfield Asset Management Inc.
announced that the fund has made a proposal to acquire the common
shares of Rouse for $17.00 in cash
per share. Brookfield currently owns approximately 33% of
Rouse's outstanding shares.
Our investigation has determined that the offer price of only
$17 per share, unfairly under-values
the true going forward inherent value of Rouse and that
shareholders are not receiving the maximum value for their shares.
Indeed, at least one analyst projects that the true going forward
inherent value of the stock is worth at least $23 per share, and the stock hit a high of
$19.95 within the past year. The
investigation further seeks to determine whether Brookfield is entering into this deal for its
own self-interests to the detriment of the Company's
shareholders.
If you are a shareholder of Rouse and would like additional
information as to how the proposed acquisition may affect your
rights as a shareholder, and how you may be eligible to obtain a
higher price for your shares, please contact us at no cost at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional
shareholders in mergers and acquisitions transactions and has
assisted in the recovery of billions of dollars for shareholders in
securities actions around the globe.
Attorney advertising. Prior results do not indicate a
similar outcome.
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visit:http://www.prnewswire.com/news-releases/buyout-alert---national-securities-law-firm-seeks-higher-price-for-rouse-shareholders-in-connection-with-proposed-buyout-and-encourages-shareholders-to-contact-law-firm-for-more-information-300206151.html
SOURCE Tripp Levy PLLC