Shareholder Alert: Ademi LLP investigates whether Cedar Realty Trust, Inc. has obtained a Fair Price in its series of transactions to sell all of Cedar Realty's assets.
MILWAUKEE, March 3, 2022 /PRNewswire/ -- Ademi LLP is investigating Cedar Realty (NYSE: CDR) for possible breaches of fiduciary duty and other violations of law in its series of transactions to sell all of Cedar Realty's assets.
Click here to learn how to join the action: https://www.ademilaw.com/case/cedar-realty-trust-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Cedar Realty's financial outlook and prospects are excellent and yet Cedar Realty shareholders will receive only $29.00 per share. The merger agreement and various other asset purchase agreements unreasonably limit competing bids for Cedar Realty by prohibiting solicitation of further bids, and imposing a significant penalty if Cedar Realty accepts a superior bid. Cedar Realty insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Cedar Realty's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Cedar Realty.
If you own Cedar Realty common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/cedar-realty-trust-inc.
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 LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
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