Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Inland Real Estate Corp (NYSE: IRC) acted responsibly on behalf of investors’ profitability in the planned $2.3 billion sale to DRA Advisors LLC.

On December 15, 2015, Inland Real Estate Corp (NYSE: IRC) and DRA Advisors LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, DRA Advisors LLC will offer Inland Real Estate Corp shareholders $10.60 per share in cash for all outstanding shares.

Based in Oak Brook, Illinois, and founded in 1994 Real Estate Corp operates shopping centers in United States.

The investigation is looking to uncover whether Inland Real Estate Corp was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $12.00 per share.

If you purchased Inland Real Estate Corp (NYSE: IRC) prior to December 15, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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