NEW YORK, Nov. 8, 2021 /PRNewswire/ -- Rowley Law PLLC
is investigating potential securities law violations by CorePoint
Lodging Inc. (NYSE: CPLG) and its board of directors concerning the
proposed acquisition of the company by a joint venture between
affiliates of Highgate and Cerberus Capital Management, L.P.
Stockholders will receive $15.65 for
each share of CorePoint Lodging stock that they hold. The
transaction is valued at approximately $1.5
billion and is expected to close in the first quarter of
2022.
If you are a stockholder of CorePoint Lodging Inc. and are
interested in obtaining additional information regarding this
investigation, please visit us
at: http://www.rowleylawpllc.com/investigation/cplg/. 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