AIRC Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Apartment Income REIT to Blackstone
Apartment Income REIT Corp. (AIRC)
Company Research
Source: GlobeNewswire
MONSEY, New York, April 08, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $39.12 per share in cash for which Apartment Income REIT Corp. (NYSE: AIRC) (“AIRC”) has agreed to be sold to Blackstone. The sales price is below the price targets for AIRC of at least two Wall Street analysts (source: TipRanks). If you remain an AIRC shareholder and question the fairness of the price, you may contact our firm at the following link to discuss your legal rights at no charge: https://wohlfruchter.com/cases/apartment-income-reit-corp/ Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com. Why is there an investigation?On April 8, 2024, AIRC announced that it had agreed to be sold to Blackstone for $39.12 per share in cash. “We are investigating whether the AIRC Board of Directors acted in the best interests of AIRC shareholders in approving the sale,” explained Joshua Fruchter, a found
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AIRC
News
- STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – INRD, AIRC, MODN, ABIOGlobeNewswire
- Kuehn Law Encourages INRD, AIRC, ELYM, and ALPN Investors to Contact Law FirmGlobeNewswire
- BSR REIT: The Next Multifamily M&A Target? [Seeking Alpha]Seeking Alpha
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Shockwave Medical, Inc. (Nasdaq – SWAV), Apartment Income REIT Corp. (NYSE - AIRC), Model N, Inc. (NYSE – MODN), ARCA biopharma, Inc. (Nasdaq - ABIO)GlobeNewswire
- Blackstone Buys Apartment Income REIT: Value Investors Rejoice [Seeking Alpha]Seeking Alpha
AIRC
Earnings
- 2/8/24 - Miss
AIRC
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form 8-K
- AIRC's page on the SEC website