The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of Aviv REIT, Inc. (NYSE: AVIV) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Aviv to maximize shareholder value before agreeing to be acquired by Omega Healthcare Investors, Inc. (NYSE: OHI).
If you would like to join the action, go to http://rosenlegal.com/cases-419.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive 0.90 shares of Omega stock for each share of Aviv they own, which equates to approximately $34.97 based on Omega’s closing price on October 30, 2014. The proposed transaction is valued at approximately $3 billion. The investigation relates to whether the proposal for 0.90 shares of Omega stock per share is fair to public shareholders and whether Aviv’s Board breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Aviv and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-419.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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Contact Information:
Phillip Kim, Esq.
Kevin Chan, Esq.
Laurence Rosen, Esq.
The
Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New
York, NY 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax:
(212) 202-3827
pkim@rosenlegal.com
kchan@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com
Contacts:
Phillip Kim or Kevin Chan
toll free
at 866-767-3653
pkim@rosenlegal.com
kchan@rosenlegal.com
