Cases
Select Income REIT (SIR)
Merger
Overview
Overview
- Date:
- 10/1/2018
- Company Name:
- Select Income REIT
- Stock Symbol:
- SIR
- Company Name - Buyer:
- Government Properties Income Trust
- Status:
- Closed/Complete
- Merger Announcement Date:
- 9/19/2018
NEW YORK, October 1, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Select Income REIT (NASDAQ: SIR) on behalf of stockholders concerning the proposed acquisition of the company by Government Properties Income Trust.
Pursuant to the proposed transaction, announced on September 19, 2018, Select Income stockholders will receive 1.04 shares of Government Properties for each share of Select Income common stock owned. The investigation focuses on whether Select Income and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Select Income shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on September 19, 2018, Select Income stockholders will receive 1.04 shares of Government Properties for each share of Select Income common stock owned. The investigation focuses on whether Select Income and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Select Income shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.