Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Weingarten Realty Investors (NYSE: WRI) to Kimco Realty Corp. (NYSE: KIM). Under the terms of the proposed transaction, shareholders of Weingarten will receive only 1.408 shares of Kimco and $2.89 in cash for each share of Weingarten that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
WEINGARTEN REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Weingarten Realty Investors - WRI
Apr 20, 2021
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