NEW YORK, Jan. 22, 2016 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities firm headquartered in
New York City, is investigating
the buyout proposal on behalf of stockholders of Rouse Properties,
Inc. ("Rouse" or the "Company") (NYSE: RSE) by Brookfield Asset
Management Inc. for approximately $986
million.
The Company's stockholders will only receive $17.00 in cash for each share of Company common
stock they own. However, the proposed consideration is below both
the median analyst price target for Rouse's stock of $19.88 per share and the Company's 52-week high
of $19.95 per share.
Click here for more information: www.faruqilaw.com/RSE.
There is no cost or obligation to you.
The investigation focuses on whether the proposed offer price
unfairly undervalues the inherent value of Rouse and whether
Rouse's Board of Directors has breached their fiduciary duties to
the Company's stockholders by failing to maximize value for their
shares.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
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If you own common stock in Rouse and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/RSE or contact Juan Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
685 3rd Avenue, 26th Floor
New York, NY 10017
Attn: Juan Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.
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