ROUSE BUYOUT NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of the Buyout Proposal of Rouse Properties, Inc.
January 20 2016 - 3:14PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the buyout
proposal on behalf of stockholders of Rouse Properties, Inc.
(“Rouse” or the “Company”) (NYSE:RSE) by Brookfield Asset
Management Inc. for approximately $986 million.
The Company’s stockholders will only receive $17.00 in cash for
each share of Company common stock they own. However, the proposed
consideration is below both the median analyst price target for
Rouse’s stock of $19.88 per share and the Company’s 52-week high of
$19.95 per share.
Click here for more information:
www.faruqilaw.com/RSE. There is no cost or
obligation to you.
The investigation focuses on whether the proposed offer price
unfairly undervalues the inherent value of Rouse and whether
Rouse’s Board of Directors has breached their fiduciary duties to
the Company’s stockholders by failing to maximize value for their
shares.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
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If you own common stock in Rouse and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/RSE or contact Juan Monteverde, Esq.
either via e-mail at jmonteverde@faruqilaw.com or by telephone at
(877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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Faruqi & Faruqi, LLP685 3rd Avenue, 26th FloorNew York, NY
10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comToll Free:
(877) 247-4292Phone: (212) 983-9330
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