Trade Street Residential, Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover
NEW YORK, May 12, 2015 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Trade Street Residential, Inc. (NASDAQ: TSRE) in connection with a buyout for only $7.32 per share. Concerned TSRE investors are encouraged to contact attorney Hamilton Lindley by clicking here.
The investigation focuses upon the shareholder value of the transaction. Under terms of the proposed agreement, Trade Street's shareholders would receive $3.80 per share in cash and 0.4108 of newly issued IRT common stock, which is valued at approximately $7.32 per share. However, an analyst has set a target price of $9.50 per share. The firm's potential shareholder lawsuit will seek to obtain the highest price reasonably available and that all important information about the deal is disclosed.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. TSRE 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/TSRE.
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SOURCE Dunnam & Dunnam
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