NEW YORK, Dec. 15, 2015 /PRNewswire/ -- Wolf Popper LLP is
investigating claims on behalf of investors in Inland Real Estate
Corp. (NYSE: IRC), concerning the proposed acquisition of Inland by
DRA Advisors LLC. Inland shareholders seeking more information
about this acquisition can contact Carl L.
Stine at (212) 759-4600 or cstine@wolfpopper.com.
The investigation concerns whether Inland's directors are
breaching their fiduciary duties by failing to adequately maximize
shareholder value. Under the terms of the proposed
transaction, Inland's shareholders will receive $10.60 per share in cash for each Inland share
they own. However, the offer price has a small premium of
only 6.6% from yesterday's closing price of $9.94 per share and is below Inland's 52-week
high of $11.67 per share on
January 26, 2015.
Wolf Popper LLP has extensive experience representing investors
in mergers and acquisition lawsuits and has successfully ensured
that investors receive the maximum compensation. Twelve Wolf
Popper attorneys were named Rising Stars or Super Lawyers in the
2015 Super Lawyers New York City Metro Edition, including
Wolf Popper partner Carl Stine, who was included in the Super
Lawyers Top 100 List for the New York
City Metro area. View Wolf Popper attorney biographies
at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar
Outcome.
Wolf Popper LLP
845 Third Avenue
New York, New York 10022
Telephone: 212-759-4600
Toll Free Tel: 877-370-7703
Toll Free Fax: 877-370-7704
Email: cstine@wolfpopper.com
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SOURCE Wolf Popper LLP