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Reis, Inc. (REIS)

Merger

Overview
  • Date:
  • 8/30/2018
  • Company Name:
  • Reis, Inc.
  • Stock Symbol:
  • REIS
  • Company Name - Buyer:
  • Moody's Corporation
  • Status:
  • Closed/Complete
  • Merger Announcement Date:
  • 8/30/2018

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NEW YORK, August 30, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Reis, Inc. (REIS) on behalf of stockholders concerning the proposed acquisition of the company by Moody’s Corporation.

Pursuant to the proposed transaction, announced on August 30, 2018 and valued at approximately $278 million, Reis’ stockholders will receive $23.00 for each share of their Reis common stock.  Our investigation concerns whether Reis’ board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with Moody’s Corporation.

If you own Reis’ 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.

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