Glimcher Realty Trust Stockholders Encouraged to Contact Securities Law Firm about Takeover

NEW YORK, Sept. 19, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Glimcher Realty Trust (NYSE MKT: GRT) in connection with a buyout of Glimcher by Washington Prime Group Inc. Concerned GRT investors are encouraged to contact attorney Hamilton Lindley by clicking here.

The law firm investigation will determine whether or not the board breached their fiduciary duties by failing to adequately shop Glimcher before agreeing to enter into this transaction, and whether Washington Prime is underpaying for Glimcher shares. Glimcher stockholders will receive $10.40 in cash and 0.1989 of a Washington Prime share for each share of Glimcher they own. 

Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. GRT stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/GRT.

SOURCE Dunnam & Dunnam