MILWAUKEE, Oct. 28, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Liberty (NYSE:LPT) for possible
breaches of fiduciary duty and other violations of the law in
connection with the sale of Liberty to Prologis.
Click here to learn how to join the action:
http://ademilaw.com/case/liberty-property-trust or call
Guri Ademi toll-free at
866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Liberty's financial outlook is
improving and yet shareholders will receive only 0.675x of a
Prologis share for each Liberty share they own.
Prologis is acquiring Liberty at a substantial discount.
The merger agreement unreasonably limits competing bids for Liberty
by prohibiting solicitation of further bids, and imposing a
termination penalty if Liberty accepts a superior bid. Liberty
insiders will receive millions of dollars as part of change of
control arrangements. We are investigating on the conduct of
Liberty' board of directors, and whether they are (i) fulfilling
their fiduciary duties to all shareholders, and (ii) obtaining a
fair and reasonable price for Liberty.
If you own common stock in Liberty and wish to obtain additional
information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/liberty-property-trust.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP