SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of DCT Industrial Trust Inc. and Encourages Investors to Contact the Firm for Additional Information
Duck Creek Technologies, Inc. (DCT)
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investors.dctindustrial.com/corporateprofile
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Source: Business Wire
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of DCT Industrial Trust Inc. (NYSE: DCT) (“DCT Industrial” or the “Company”) relating to the proposed buyout of DCT Industrial by Prologis, Inc. Under the terms of the agreement, DCT Industrial shareholders are anticipated to receive 1.02 shares of Prologis for each share of DCT Industrial common stock held. Based on the closing price of Prologis on April 27, 2018, this represents a value of approximately $67.91 per share. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether
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