NEW YORK, May 6, 2019 /PRNewswire/ -- Rowley Law PLLC
is investigating potential claims against Chesapeake Lodging Trust
(NYSE: CHSP) and its board of directors for breach of fiduciary
duty concerning the proposed acquisition of the company by Park
Hotels & Resorts Inc. (NYSE: PK). Stockholders will receive
$11.00 and 0.628 shares of Park
Hotels & Resorts common stock for each share of Chesapeake
Lodging Trust stock that they hold. The transaction is valued at
approximately $2.7 billion and is
expected to close in late third or early fourth quarter of
2019.
If you are a stockholder of Chesapeake Lodging Trust and are
interested in obtaining additional information regarding this
investigation, please visit us
at: http://www.rowleylawpllc.com/investigation/chsp. You may
also contact Shane Rowley, Esq. at
Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC