|[June 09, 2014]
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of American Realty Capital Healthcare Trust, Inc. In Connection With The Proposed Sale Of The Company To Ventas, Inc.
STEVENSON, Md. --(Business Wire)--
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty to current shareholders of American Realty Capital
Healthcare Trust, Inc. ("ARC Healthcare" or the "Company") (NasdaqGS:
HCT) and other violations of state law by the board of directors of ARC
Healthcare relating to the proposed buyout of the Company by Ventas,
Under the terms of the proposed transaction, ARC Healthcare shareholders
will receive either $11.33 in cash or 0.1688 shares of Ventas common
stock for each share of ARC Healthcare common stock that they own. The
firm's investigaion seeks to determine, among other things, whether the
Company's board of directors breached their fiduciary duties by failing
to maximize shareholder value before agreeing to enter into this
transaction, and whether Ventas is underpaying for ARC Healthcare shares.
If you currently own common stock of ARC Healthcare and would like to
learn more about the investigation being conducted by Brower Piven,
without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at firstname.lastname@example.org
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
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