Press release from Business Wire
Finkelstein Thompson LLP Announces Investigation of American Realty Capital Trust, Inc.
Monday, September 10, 2012
Finkelstein Thompson LLP Announces Investigation of American Realty Capital Trust, Inc.15:38 EDT Monday, September 10, 2012
WASHINGTON (Business Wire) -- The law firm Finkelstein Thompson LLP is investigating potential claims
on behalf of shareholders of American Realty Capital Trust, Inc.
(“American Realty” or the “Company”) (NASDAQ: ARCT), concerning the
proposed acquisition of the Company by Realty Income Corp. (“Realty
Income”) (NYSE: O). Under the terms of the transaction, American Realty
shareholders would receive .2874 shares of Realty Income for each share
of American Realty they own. The current value of the per-share
consideration is approximately $12.23, and the total value of the
transaction is approximately $2.95 billion.
American Realty has performed well recently, reporting improved
financial results in its filings with the SEC. At least one analyst has
set a target price of $13.00 for the Company's shares.
The investigation is focused on the potential unfairness of the
consideration to American Realty shareholders, the process by which the
Company's Board of Directors considered the transaction, and potential
conflicts of interests among American Realty Board members.
If you are interested in discussing your rights as a American Realty
shareholder, or have information relating to this investigation, please
contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050
or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients in
financial litigation, and has been appointed as lead or co-lead counsel
in dozens of shareholder class actions. Indeed, the firm has served in
leadership roles in cases that have recovered over $1 billion for
investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site
at www.finkelsteinthompson.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Finkelstein Thompson LLPRichard M. Volin, 877-337-1050
