SHAREHOLDER ALERT: WeissLaw LLP Investigates Bluerock Residential Growth REIT, Inc.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Bluerock Residential Growth REIT, Inc.

Dec 20, 2021 by PR Newswire

Key Facts

  • , /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Bluerock Residential Growth REIT, Inc. ("Bluerock" or the "Company") (NYSE: BRG), in connection with the proposed acquisition of the Company by affiliates of Blackstone Real Estate ("Blackstone").
  • Under the terms of the merger agreement, the Company's shareholders will receive in cash for each share of Bluerock common stock that they hold.
  • Additionally, the Company's shareholders will receive shares of the newly formed real estate investment trust named Bluerock Homes Trust, Inc., with a current implied Net Asset Value estimated at for each share of Company common stock.
  • If you own Bluerock shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: https://www.weisslaw.co/news-and-cases/brg Or please contact: WeissLaw LLP 305 Broadway, 7th Floor , NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com WeissLaw LLP is investigating whether (i) Bluerock's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Bluerock's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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