Salas Wang LLC, a national securities firm located in Chicago, is investigating the Board of Directors of Spirit Realty (“SRC†or the “Companyâ€) (NYSE: SRC) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Cole Capital Property Trust II in a stock-for-stock deal that values Spirit at $17.95 per share based on Cole’s stated price.
It looks like Spirit Realty’s sunny outlook is now out of the hands of shareholders and into the hands of the former non-traded REIT.
If you are a Spirit Realty shareholder, please contact Jeffrey Salas at 312.803.4963, or fill out the contact form below to discuss your options.
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