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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Reis Inc (NASDAQ: REIS) acted responsibly on behalf of investors’ profitability in the planned approximately $278 million sale to Moody's Corporation (NYSE: MCO).
On August 30, 2018, Reis Inc (NASDAQ: REIS) and Moody's Corporation (NYSE: MCO) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Moody's will offer Reis shareholders $23.00 per share in cash for all outstanding shares.
Based in New York, New York, and founded in 1980 Reis Inc provides commercial real estate market information and analytical tools to real estate professionals in the United States.
The investigation focuses on whether NASDAQ: REIS investors received the highest price and whether the directors of Reis Inc acted in the best interest of Reis Inc company and its shareholders.
If you purchased Reis Inc (NASDAQ: REIS) prior to August 30, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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